can you elaborate DB? I note also that it was a done on a big volume bar. Like the doji at 13:21, the wick connects into the Supply Zone above and VWAP below. It's like they're bridging the two to get a sense of the "current" (supply v demand) that would flow between them... . To me, the two dojis seem to be the by-product of the Market Maker proving to himself that "we got this". If so, this suggests the price is about to moved up through the Supply Zone
PDI
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- Afternoon trading July 9
Afternoon trading July 9, page-466
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