Chart Patterns and Price Actions
Quiz
•
Business, Education, Life Skills
•
University
•
Medium
+1
Standards-aligned
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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