
Trading Patterns Quiz
Quiz
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Other
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University
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Practice Problem
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Hard
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55 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a Pennant Channel usually indicate after a strong move?
A reversal is likely
A sideways market for a long time
A continuation after a brief pause
The trend is ending permanently
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which pattern typically has the highest success rate when confirmed properly?
Pennant
Double Bottom
Head and Shoulders
Triangle
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a Rising Wedge, what does the pattern usually suggest?
Bullish reversal
Bullish continuation
Bearish reversal
Indecision
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What confirms a Double Top pattern?
RSI divergence at the first peak
Price breaks above the neckline
Price fails to reach resistance once
Price breaks below the neckline with volume
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main difference between Ascending and Descending Triangles?
The volume behavior
The shape of candlesticks
One has flat resistance, the other flat support
Their success rate
6.
OPEN ENDED QUESTION
3 mins • 1 pt
A Double Bottom forms when price breaks a support level twice.
Evaluate responses using AI:
OFF
7.
OPEN ENDED QUESTION
3 mins • 1 pt
In a Head and Shoulders pattern, the 'head' is the highest peak.
Evaluate responses using AI:
OFF
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