Candle sticks
Mastering Candlestick Patterns
Enhance your trading skills by testing your knowledge of candlestick patterns! This quiz is designed to help traders understand the fundamental aspects of technical analysis through engaging questions.
- 10 questions covering key concepts
- Multiple choice, true/false, and open-ended questions
- Perfect for both beginners and experienced traders
Technical analysis traders are traders who:
Trade based off the news
Traders who trade based off price action history
Trade with gold
Buy stocks and crypto currencies
The Japanese candle stick chart is a financial chart used to describe price movement of a security, asset or currency.
True
False
Candle sticks are like humans because they have different body sizes.
True
False
The Japanese were looking at charts as far back as the 17th century.
True
False
Japanese candle sticks are not formed using the open, high, low and close of a chosen time frame.
True
False
The filled part of the candlestick is called the:
Candle sticks with short shadows indicate that most trading took place near the open and close.
True
False
When a doji candle stick is formed at the top or bottom of a trend it is a indication that:
Price is going to continue pushing up
Price is going to continue in a downtrend
Price is uncertain what direction to go
Price is going to possibly do a reversal in the opposite direction of the previous trend
Price is going to do a retest of a major support or resistance zone
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