What does a doji candle mean?

It represents indecision in the market as both buying and selling pressure are in equilibrium

It signals that the market is likely to continue trending higher

Bearish reversal candlestick pattern

It represents indecision in the market as both buying and selling pressure are fighting for control

This is called the rising three method. It starts with a large bullish candle followed by three small ranged bearish candle, and lastly a big bullish candle closing above the first candle. What does it indicate?

Bullish trend continuation pattern

Selling pressure will happen the next day

This is called the bullish harami pattern. The first candle is bullish and larger than the second candle, where the bearish second candle is within the range of the first candle. Where does it work best on the chart?

Sign of bullish reversal pattern

Sign of bearish reversal pattern

Candlesticks and chart Patterns

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Ellysa Pua

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This quiz focuses on technical analysis in financial trading, specifically covering candlestick patterns and chart formations used to analyze market behavior and price movements. The content is appropriate for advanced high school students (grades 11-12) or early college level, as it requires sophisticated understanding of financial markets, pattern recognition skills, and the ability to interpret complex visual data. Students need to master the identification of various candlestick formations including doji, hammer, shooting star, and engulfing patterns, as well as understand their implications for market sentiment. The core concepts include recognizing reversal versus continuation patterns, understanding market psychology through candlestick analysis, identifying support and resistance levels, and interpreting multi-candle formations like morning stars, evening stars, and harami patterns. Students must also comprehend larger chart patterns such as head and shoulders, double tops and bottoms, wedges, flags, and cup and handle formations, along with their predictive value for future price movements. Created by Ellysa Pua, a Life Skills teacher in the Philippines who teaches grade 14. This quiz serves as an excellent assessment tool for students learning financial literacy and investment fundamentals within a life skills curriculum. The quiz works effectively as a formative assessment to gauge student understanding of technical analysis concepts, or as a review activity before advancing to more complex trading strategies. Teachers can utilize this as a warm-up exercise to reinforce pattern recognition skills, assign it as homework to encourage independent study of chart analysis, or incorporate it into lessons on personal finance and investment decision-making. The visual nature of the questions makes this particularly valuable for kinesthetic learners who benefit from interpreting graphical information. This assessment aligns with financial literacy standards that emphasize understanding investment vehicles and market analysis, supporting students in developing critical thinking skills necessary for informed financial decision-making in their adult lives.