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Course 2 – Chart Patterns Exam

HomeCourse 2 – Chart Patterns Exam

Posted on 18 Mar 2018

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/ TTG SUGE Adam

Course 2 – Chart Patterns Exam

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Question 1 of 15

1. Question
Correctly identify the following chart patterns:
- Ascending Wedge
- Bull Flag
- Double Top
- Cup-and-Handle
Correct

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Question 2 of 15

2. Question
Correctly identify the following chart patterns:
- Descending Wedge
- Double Bottom
- Inverted Cup-and-Handle
- Bear Flag
Correct

Incorrect
Question 3 of 15

3. Question
Correctly identify the following chart patterns:
- Triple Top
- Bull Flag
- Ascending Wedge
- Ascending Triangle
Correct

Incorrect
Question 4 of 15

4. Question
Correctly identify the following chart patterns:
- Double Top
- Inverted Cup-and-Handle
- Triple Bottom
- Descending Wedge
Correct

Incorrect
Question 5 of 15

5. Question
Correctly identify the following chart patterns:
- Bull Flag
- Ascending Wedge
- Ascending Triangle
- Quadruple Top
Correct

Incorrect
Question 6 of 15

6. Question
Correctly identify the following chart patterns:
- Double Top
- Double Bottom
- Cup and Handle
- Price Channel
Correct

Incorrect
Question 7 of 15

7. Question
Support, when broken, becomes resistance.
- True
- False
Correct

Incorrect
Question 8 of 15

8. Question
Traders tend to go short when resistance is broken.
- True
- False
Correct

Incorrect
Question 9 of 15

9. Question
A support level that has held for 3 days can be considered a Major Support Level.
- True
- False
Correct

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Question 10 of 15

10. Question
Let’s say that hypothetical Stock A has a Major Support Level at $2.00. If Stock A breaks below $2.00 on heavy volume, which of the following statements would be true?
- $2.00 becomes a new Support Level.
- $2.00 becomes a new Major Support Level.
- $2.00 becomes a new Resistance Level.
- $2.00 becomes a new Downtrend Resistance Level.
Correct

Incorrect
Question 11 of 15

11. Question
Which of the following chart patterns is NOT a trend reversal pattern?
- Price Channel
- Parabolic Curve
- Head and Shoulders
- Double Bottom
Correct

Incorrect
Question 12 of 15

12. Question
Which of the following chart patterns is NOT a trend continuation pattern?
- Bull Flag
- Ascending Triangle
- Inverted Cup and Handle
- Descending Wedge
Correct

Incorrect
Question 13 of 15

13. Question
Which of the following chart patterns forms after an uptrend?
- Reverse Head and Shoulders
- Descending Triangle
- Ascending Wedge
- Bear Flag
Correct

Incorrect
Question 14 of 15

14. Question
Which of the following chart patterns forms after a downtrend?
- Inverted Cup and Handle
- Ascending Triangle
- Cup and Handle
- Parabolic Curve
Correct

Incorrect
Question 15 of 15

15. Question
A break below a Support Level is more important to traders than a break above a Resistance Level.
- True
- False
Correct

Incorrect

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