👉 Candlewicking, also known as a "candlestick" or "candlestick pattern," is a type of technical analysis used in investing to identify potential price changes. It involves identifying patterns that show an uptrend or downtrend in the stock prices over time. The candlewicking pattern typically forms when a bullish trend starts, with the stock moving up and then down, followed by a period of consolidation before reversing course again. The pattern is often used to predict future movements based on
