We at Minions Labs always like to defy the stablished systems and beliefs trying new things and new ways of seeing and interpreting the Market Data. And all starts with the following question…

You give more relevance and focus on the Wicks/Shadows on the candlesticks?

And Why? In volatile markets wicks play an important role on determining who is winning the the fight between Bulls and Bears, and more than that, Higher and lower wicks can present you with a good status of the current trend and possible reversals and/or exhaustions.

Well, one way to “see” that is visually filter through the noise of bodies and thin lines, the other way is to use our Wicked Candles!

The name is intentionally a reference for a “Wicked” (perverse, cruel) candle that tries to fool us with its behavior… And, with our special Visual approach, it is easy to spot them!

• Upper Wicks identify a retracement of the current movement meaning a BEARish impulse.
• Lower Wicks identify a retracement of the current movement meaning a BULLish impulse.
• Look for those patterns at Support