Hey all,
This is an hourly chart of WTC.
Can anyone tell me what the high volume pin bar candle could mean?
It is one of the higher volume candles in the recent month of trading.
I went through the course of sales and there isn't one large buy, it's just a collective of buying.
The daily chart shoes a Doji candle at about the height of the previous days close on a bit above average volume.
I'm confused by the narrow spread on such high volume.
If anyone has some insights it would be much appreciated
Hot Copper Charting and Chat, page-198
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