Chart Patterns and Price Actions

Chart Patterns and Price Actions

University

15 Qs

quiz-placeholder

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Chart Patterns and Price Actions

Chart Patterns and Price Actions

Assessment

Quiz

Business, Education, Life Skills

University

Medium

Apply, Analyse, Understand

+1

Standards-aligned

Created by

Ahmad Fauze Abdul Hamit

Used 54+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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?

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Reversal

Bilateral

Continuation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

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