Candlestick Patterns Quiz
Authored by kanhu bhuyan
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Professional Development
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the characteristic of a paper umbrella?
Long upper shadow with a small real body
Long lower shadow with a small upper body
Long lower shadow with a large real body
Long upper shadow with a large real body
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the name of a paper umbrella that appears at the bottom of a downtrend?
Hanging Man
Shooting Star
Hammer
Inverted Umbrella
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the condition for a candle to be considered a paper umbrella?
The lower shadow should be at least twice the length of the real body
The upper shadow should be at least twice the length of the real body
The real body should be at least twice the length of the lower shadow
The real body should be at least twice the length of the upper shadow
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the prior trend for a hammer pattern?
Uptrend
Downtrend
Sideways trend
No specific trend
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the stoploss for a trade based on a hammer pattern?
High of the hammer
Low of the hammer
Open price of the hammer
Close price of the hammer
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the characteristic of a hanging man pattern?
Long upper shadow with a small real body
Long lower shadow with a small upper body
Long lower shadow with a large real body
Long upper shadow with a large real body
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the name of a candlestick pattern that signals a market high?
Hanging Man
Shooting Star
Hammer
Inverted Umbrella
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