Westpac Banking Corporation (WBC)

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Westpac Banking Corporation (WBC): Signals

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[INDECISION]: Westpac Banking Corporation has formed a White Spinning Top candlestick. This means, WBC has opened and closed within a small range with a upper and lower shadow that is longer than the body of the candle. This has similar traits to that of a doji candle highlighting the supply and demand indecision Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

This candlestick has a tiny white body with upper and lower shadows that have a greater length than the body. It is accepted as a type of Doji and will act as a Doji when it appears.

[Calculation] White Spinning Top Candlestick:
1) The body of the candlestick is white and very small;
2) The upper and lower shadows are longer than the body;

Top 10:

Basic Candlestick

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