145 Ratio wick to body

It is common for the trajectory of an up trend to start with larger body candles, which indicate effective price action in which the closing price is consistently higher than the opening price. As the trend approaches its end, the candle wicks increase while the bodies may decline. Basically, there is some pressure in the uptrend (as noted with the larger wicks), which is not effective at maintaining the trend (which is indicated by the closing getting closer to the opening, that is the candles start having smaller bodies). As such the comparison between the body and wick of candles may be good indicators for the start and end of the trend.

Figure 14.14: Ratio body to shadow