Candlestick Patterns Quiz

What is the structure of a spinning top candlestick?

• Small real body with equal upper and lower shadows

• Large real body with long upper and lower shadows

• No real body with long upper and lower shadows

• Small real body with no shadows

What does a spinning top candlestick indicate?

• Bullish market trend

• Bearish market trend

• Indecision and uncertainty in the market

• Strong buying or selling pressure

In a downtrend, what could spinning tops indicate?

• Consolidation of bearish position

• Reversal of the trend

• Continuation of the downtrend

• Both reversal and continuation possibilities

What is the recommended stance for a trader when spinning tops appear in a downtrend?

• Sell all holdings immediately

• Buy more stocks

• Hold half the quantity and wait for market movement

• Exit the market completely

What does a spinning top in an uptrend indicate?

• Bullish market trend

• Bearish market trend

• Indecision and uncertainty in the market

• Strong buying or selling pressure

What should a trader do when spinning tops appear in an uptrend?

• Sell all holdings immediately

• Buy more stocks

• Hold half the quantity and wait for market movement

• Exit the market completely

What is the classic definition of a Doji candlestick?

• Large real body with equal upper and lower shadows

• No real body with long upper and lower shadows

• Small real body with equal upper and lower shadows

• No real body with no shadows

What do Doji candlesticks indicate?

• Bullish market trend

• Bearish market trend

• Indecision and uncertainty in the market

• Strong buying or selling pressure

What is the implication of a cluster of spinning tops and Doji candlesticks?

• Strong buying pressure

• Strong selling pressure

• Indecision and uncertainty in the market

• Trend reversal

What should a trader do when a cluster of spinning tops and Doji candlesticks appear?

• Buy more stocks

• Sell all holdings immediately

• Hold current position and wait for market movement

• Exit the market completely