Chart Patterns and Price Actions

What is the usual distance price moves after a break in a head and shoulders pattern?

• The distance from the high point of the head to the neckline

• The distance from the high point of the shoulder to the neckline

• One-half the size of the head

What is the name of the chart pattern that occurs when a valley is formed, followed by an even lower valley, and then another valley equal to the first valley in a downtrend?

• Double Bottom

• Falling Wedge

• Inverse head and shoulders

• Head and Shoulders

What is the usual size of the move up when price breaks out to the upside in a bullish rectangle?

• One-half the size of the rectangle

• About the same size of the rectangle

• Twice the size of the rectangle

What does "bilateral" mean when talking about chart patterns?

• Are all chart patterns equal?

• Is there no bias as to where price is headed, and the breakout can be either up or down?

• Are there two versions, a bearish and a bullish one?

Which type of chart pattern forms when price consolidates between an upward support line and a downward resistance line?

• Wedge

• Widget

• Rectangle

• Double Top or Bottom

What do you call chart patterns that indicate the ongoing trend will probably continue?

• Reversal

• Bilateral

• Continuation

What is the usual distance price moves after a break in a head and shoulders pattern?

• One-half the size of the head

• The distance from the high point of the shoulder to the neckline

• The distance from the high point of the head to the neckline

Which chart pattern is formed when price consolidates into a box after a downtrend? (Indicating sellers probably need to take a break before pushing the pair any lower.)

• Rising Wedge

• Bearish Box

• Symmetrical Triangle

• Bearish Rectangle

What is the interesting chart pattern you can spot on this chart?

• Head and Shoulders

• Descending Triangle

• Double Top

• Bullish Rectangle

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What is the interesting chart pattern you can identify on this chart?

• Head and Shoulders Pattern

• Cup and Handle Pattern

• Double Top Pattern

• Ascending Triangle Pattern

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