Quiz 2

What does a green candle signify?

• Close < Open

• Close > Open

• The trend was bullish throughout the timeframe

• The trend was bearish throughout the timeframe

Candlestick patterns work on all timeframes

• True

• False

Supports and resistances are formed due to a large number of limit orders places at those prices.

• True

• False

Which type of order guarantees execution but not the price

• Stop Order

• Market Order

• Limit Order

A support trendline indicates

• Historical price moving up from a region

• Historical price moving down from a region

• Provides emotional support to you in bad times