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Candlestick Patterns Quiz

Authored by kanhu bhuyan

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Professional Development

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Candlestick Patterns Quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the characteristic of a paper umbrella?

Long upper shadow with a small real body

Long lower shadow with a small upper body

Long lower shadow with a large real body

Long upper shadow with a large real body

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of a paper umbrella that appears at the bottom of a downtrend?

Hanging Man

Shooting Star

Hammer

Inverted Umbrella

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the condition for a candle to be considered a paper umbrella?

The lower shadow should be at least twice the length of the real body

The upper shadow should be at least twice the length of the real body

The real body should be at least twice the length of the lower shadow

The real body should be at least twice the length of the upper shadow

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the prior trend for a hammer pattern?

Uptrend

Downtrend

Sideways trend

No specific trend

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the stoploss for a trade based on a hammer pattern?

High of the hammer

Low of the hammer

Open price of the hammer

Close price of the hammer

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the characteristic of a hanging man pattern?

Long upper shadow with a small real body

Long lower shadow with a small upper body

Long lower shadow with a large real body

Long upper shadow with a large real body

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of a candlestick pattern that signals a market high?

Hanging Man

Shooting Star

Hammer

Inverted Umbrella

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