Academy Reading Charts Subject Test
2

Reading Charts — Subject Test

20 questions · Multiple choice · Pass with 70% · Results shown at the end
Question 1 of 20
What does a Marubozu candle mean?
A
A candle with very long wicks
B
A candle with no wicks — strong momentum
C
A doji candle
D
An indecision candle
0 of 20 answered
Question 2 of 20
What is a triangle pattern?
A
A reversal pattern only
B
A consolidation pattern where price converges before a breakout
C
A pattern with three peaks
D
A candlestick pattern
0 of 20 answered
Question 3 of 20
Click on the Hammer candlestick:
👆 Click on the correct candle
0 of 20 answered
Question 4 of 20
What is the neckline in a Head and Shoulders pattern?
A
The top of the head
B
The support level connecting the two shoulders
C
The highest point of the pattern
D
The entry point
0 of 20 answered
Question 5 of 20
What does a bearish candlestick indicate?
A
Price went up
B
Volume increased
C
Price went down
D
Market opened higher
0 of 20 answered
Question 6 of 20
What does a long upper wick on a candle indicate?
A
Strong buying pressure
B
Sellers pushed price back down from the high
C
Price closed at the high
D
Bullish momentum
0 of 20 answered
Question 7 of 20
What does an uptrend consist of?
A
Lower highs and lower lows
B
Higher highs and higher lows
C
Flat price movement
D
Random price spikes
0 of 20 answered
Question 8 of 20
What does volume confirm?
A
The color of candles
B
The strength of a price move
C
The timeframe being used
D
The type of chart
0 of 20 answered
Question 9 of 20
What does a downtrend consist of?
A
Higher highs and higher lows
B
Flat price movement
C
Lower highs and lower lows
D
Random price movement
0 of 20 answered
Question 10 of 20
Draw the Support level on this chart:
✏️ Click and drag to draw the level
0 of 20 answered
Question 11 of 20
Click on the Doji candlestick:
👆 Click on the correct candle
0 of 20 answered
Question 12 of 20
What is resistance in trading?
A
A level where price tends to bounce up
B
The lowest price ever reached
C
A level where price tends to stop and reverse down
D
A moving average
0 of 20 answered
Question 13 of 20
What does higher timeframe analysis help with?
A
Finding exact entry points
B
Understanding the overall trend direction
C
Calculating position size
D
Reading volume
0 of 20 answered
Question 14 of 20
What is a Cup and Handle pattern?
A
A bearish reversal pattern
B
A bullish continuation pattern shaped like a cup
C
A double top pattern
D
A triangle pattern
0 of 20 answered
Question 15 of 20
What is a timeframe in trading?
A
The time it takes to execute a trade
B
The period each candlestick represents
C
The time a position is held
D
Exchange opening hours
0 of 20 answered
Question 16 of 20
What does a bullish candlestick indicate?
A
Price went down
B
Price went up
C
Price stayed flat
D
Volume decreased
0 of 20 answered
Question 17 of 20
What is a flag pattern?
A
A bearish reversal
B
A consolidation after a strong move before continuing
C
A double top pattern
D
A head and shoulders
0 of 20 answered
Question 18 of 20
What is a spinning top candlestick?
A
A candle with no wicks
B
A candle with small body and long wicks — indecision
C
A strong bullish candle
D
A bearish marubozu
0 of 20 answered
Question 19 of 20
What is a Head and Shoulders pattern?
A
A bullish continuation pattern
B
A bearish reversal pattern with three peaks
C
A chart with no trend
D
A candlestick pattern
0 of 20 answered
Question 20 of 20
What is a bullish engulfing pattern?
A
A small green candle after a red candle
B
A large green candle that completely covers the previous red candle
C
Two red candles in a row
D
A doji followed by a green candle
0 of 20 answered
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