Original subtitles

Okay in this video we're going to be discussing wick fills.

Now wick fills is quite contrary to exhaustion wicks.

So but the wicks are still the same. We can't change our

wicks. But when a wick fill happens it only happens in high

volume times. Okay. Meaning this wick will come and be

filled in high volume times. So if this wick gets rejected then

this becomes a exhaustion wick. Okay now on this sketch that I

drew for you guys I want you guys to take note of this it's

this is our wick full happens. Now this is a H 4 candle. This

is our 30-minute candle. 30 minute candlesticks okay. Now

this candle right over here closed at with an exhaustion

wick. Now this wick leaves us with one thing.

It leaves us with a range. Meaning if it's closed and it's

high volume time example a fundamental event was released

or the session just opened with some high fundamentals backing

it or whatever the reason may be it has to be in high volume

times. Then this week is going to be filled because what this

means what this mean week to the downside means it is purely

a retracement of the overall trend. So now over here you're

going to find some sort of confluence with a Wickfill

concept and then the market will This will give you a great

confluence reason to go back to the upside. Coming back and

testing this high. So this will then be this candle stick. So

this would be the H four.

And this will be the M thirty. So that is basically what the

wig-4 means. It's the the first of the the four hour candle

stick the market went up. Formed some sort of resistance

then hê came back down in the second half or let's say the

last thirty or last hour. Then hê came back down creating this

wick. This wick region here. And then as soon as a new

candle opened and we had some sort of let's say a trend line

bounce or a break of support or a touch of its support or a

break of resistance. Whatever the case may be might be. You

found your reason to buy and you found a reason to go long

and this would then give confluence for us to come back

and test this high. Okay. So that is what a wick fill is.

Let's let's do another example but we doing it in a bearish

market. So let's say This is our H four candle.

As you can see I'm basically forcing you guys to use

multiple time frames. And this is our M30 candles. Okay so

let's draw it out. Come on. Okay. As we drawing it out we

can clearly see okay the market is making a downtrend. Let's

draw some sort of a retracement to the upside.

And then

It is making a downtrend. It is coming down to this. It is

exactly the same as what's happening here. And then all of

a sudden before the market closes or for the candle closes

we have this rejection to the upside.

Okay. Now we have this on the 30 minute and this on the H 4

candle. So what we are anticipating in high volume

time is for the market to come back down and retest this low

right over here. But remember our rule it should not break

this high. Because if it breaks this high what does it mean? It

means it's breaking this structure right over here. Okay

so it should not break this high this wick should not break

this wick. So any where right over here it can form anywhere

in this region. It can form a new candlestick. So then we

basically just anticipating the market to continue going down.

Let's let's draw another small bullish candle at the beginning

of the this is this wick and then we get that bearish

movement to the downside. You can enter on the close of this

bearish engulfing and then the market coming to test this low

right over here. So that's basically what a wick fill is.

Okay it's the market coming down to test in a quote unquote

exhaustion level and that exhaustion level being tested

in high volume times. Okay so it has to be with immediate

effect. Meaning you can't have this exhaustion zone and say

that's going to come and be tested. No. It's it does not

happen that way. It has to be with immediate effect. Okay so

and usually on the 30 minute you we don't do that. We don't

look at wickfills on the 30 minutes. For example right over

here we can see we have this wick fill this wick this

exhaustion wick it created an exhaustion zone but then the

market retraced and it back up to go and fill the top of this

week. So that is a week fill. Um Another example. Marker came

back down, created an exhaustion wick, came back up,

showed a retrace and then came back down, filled this wick. So

the main thing I want you guys to know that differentiates a

wick fill from an exhaustion area or an exhaustion wick is

the volume. That's it. It's just the volume. We need volume

to fill wicks. So for example over here you can see this what

this could have been a wick fill. No doubt. But the overall

trend was down. Okay you have to take that into

consideration. And the volume was just in this example more

to the downside. So I'm not going to be sugarcoating any

any situations. The market was just a little bit more

favourable to the downside. So we did not get that push to the

upside. But the main trend was down. So we're not going to

have a a wick full in this scenario. A wick full happens

when you are with a trend and you have volume. Let me type it

out.

You stick with the trend.

Okay. So this was a pure wickfall. We add volume to the

upside. We had volume to the upside. The market came

retraced a little bit and then it filled this wick. Let's look

at this on a shorter time frame. Let's just mark it out.

As you can see the market created a high. This was the

wick it created. Remember these three bearish candles was the

wick. And then it gave us a bullish engulfing. And the

market came up and retested this wick. And coincidentally

it was on a daily level. So that was a good reason for us

to enter short because the wick for already happened. With a So

the market has to be in a trend otherwise the whole drawing

that I just did it's not going to make any sense. It has to be

The Wickfill is just a retrace on the smaller time frame.

Okay. So this is the wakeful. So I hope it makes sense. Um

just remember to go and test this and open your chart and

then you can view the Wickfills on your own. And then it will

start to make a lot more sense. And slowly but surely

everything is coming together for us and we adding a lot of

more tools into our into our arsenal. So I hope you guys

enjoy this section. Good luck with the assessment. And I'll

see you in phase three.