
Candlestick Patterns Quiz

Quiz
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Other
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Professional Development
•
Hard
kanhu bhuyan
Used 3+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the structure of a spinning top candlestick?
Large real body with long upper and lower shadows
Small real body with equal upper and lower shadows
No real body with long upper and lower shadows
Large real body with no shadows
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a small real body in a spinning top indicate?
Bulls are in control
Bears are in control
Indecision in the market
Market is trending strongly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the upper shadow in a spinning top indicate?
Bulls attempted to take the market higher
Bears attempted to take the market lower
Market is in a consolidation phase
Market is about to reverse its direction
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the lower shadow in a spinning top indicate?
Bulls attempted to take the market higher
Bears attempted to take the market lower
Market is in a consolidation phase
Market is about to reverse its direction
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a spinning top candlestick indicate?
Strong bullish trend
Strong bearish trend
Indecision and uncertainty in the market
Market is about to reverse its direction
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should a trader do when there are spinning tops in a downtrend?
Buy more shares
Sell all shares
Hold the current position
Buy half the quantity and wait for market movement
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a spinning top in an uptrend indicate?
Bulls are in control
Bears are in control
Indecision in the market
Market is about to reverse its direction
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