
The Language of Candlesticks
Authored by Damaris Avila
Other
Professional Development
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Every candlestick represents:
A random price change
The battle between buyers & sellers
The trend direction only
Institutional orders only
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In candlestick interpretation, the body primarily represents:
Rejections
Strength of control
Market noise
Support/resistance
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A long upper wick suggests:
Buyers failed, sellers defended (bearish tell)
Sellers failed, buyers defended (bullish tell)
Clean control by one side
Indecision
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A candle with no wicks is often called:
Doji
Engulfing
Marubozu
Shooting Star
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A strong bullish candle is defined by:
a long body with little or no wick at either end
a small body with long upper and lower wicks
a long body with a long upper wick and short lower wick
a doji pattern with equal open and close
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A long green body, close near the high, small/absent wicks, and aligned with demand, trend, and rising volume.
Bullish
Bearish
Answer explanation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What matters more than memorizing candle names?
Memorizing patterns
Recognizing the story (strength, failure, conviction)
Counting wicks and bodies
Checking indicators only
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