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The large wick on the Rejection Candle demonstrates to traders that price rejected a specific area on the chart. The body of the candle is located at one end of the candles range and is usually small.

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Depending on the setup you have, if you have a higher closing price than that of the previous candlestick, then the candlestick will be green or full. If the closing price is lower than the opening price of the previous candle then the candlestick will.

If you compare the VSA analysis on spot FOREX with the same currency pairs in the currency futures markets, the results are uncannily similar.

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