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Candle sticks

A financial trading chart featuring candlestick patterns, colorful analysis with upward and downward trends, a background of financial symbols and a modern aesthetic.

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

10 Questions2 MinutesCreated by TradingGuru42

What is the recommended chart reading tool to use when reading the charts?

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

What is the name given to a candle stick pushing to the upside?

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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