Academy Technical analysis Quiz Course quiz
Technical analysis course quiz 10 questions on the Technical analysis course. Choose an answer and check it to see whether it is right and why. Nothing is saved and there is nothing to sign up for.
Questions 10 Question 1 of 10 After a two-day fall, a GBP/USD candle opens at 1.2640, rises to 1.2655, drops to 1.2610 and closes at 1.2652. What is it? A A. A dragonfly doji B B. A shooting star C C. A hammer D D. A bullish engulfing pattern
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Question 2 of 10 GBP/USD closes above a resistance zone at 1.3100 to 1.3120, rallies to 1.3200, then pulls back to 1.3125 and turns up. What is happening? A A. The zone has failed and should come off the chart B B. A double top is forming C C. The breakout has failed because price came back D D. Role reversal: the old resistance is acting as support
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Question 3 of 10 Which of these shows that an uptrend has ended, rather than slowed? A A. A close through the trendline B B. A lower high followed by a close below the last swing low C C. Each new swing high is smaller than the one before D D. RSI reads above 70
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Question 4 of 10 A head and shoulders on EUR/USD has its head at 1.1450 and a flat neckline at 1.1370. What is the measured move after a close below the neckline? A A. 1.1290 B B. 1.1330 C C. 1.1210 D D. 1.1250
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Question 5 of 10 Over 14 candles the average gain is 9 pips and the average loss is 3 pips. What is the RSI? A A. 25 B B. 66.7 C C. 300 D D. 75
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Question 6 of 10 Which statement about VWAP is correct? A A. It is the average closing price of the last 20 candles B B. It moves before price, so it works as a leading indicator C C. It weights each price by the volume traded there and resets at the start of each session D D. On forex it uses the volume reported by a central exchange
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Question 7 of 10 In an uptrend, price makes a higher low while RSI makes a lower low. What is this? A A. Hidden bullish divergence B B. Regular bullish divergence C C. Regular bearish divergence D D. Hidden bearish divergence
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Question 8 of 10 Candle one's high is 1.0915, candle two is a large bullish candle, and candle three's low is 1.0933. Where is the fair value gap? A A. Across the whole body of candle two B B. From 1.0915 up to 1.0933, 18 pips deep C C. From 1.0933 up to the high of candle two D D. There is no gap, because candle two overlaps both other candles
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Question 9 of 10 You trade the daily, 4-hour and 1-hour charts. The daily chart is in an uptrend and the 4-hour chart is falling. What does top-down analysis tell you to do? A A. Sell, because the 4-hour chart shows the latest direction B B. Buy at market straight away, because the daily trend is up C C. Treat the 4-hour fall as a pullback, and wait for it to reach a level or zone and turn up before buying D D. Drop to the 5-minute chart and take the first trigger you see
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Question 10 of 10 On a $10,000 Classic account you risk 1% per trade. Your 1-hour entry on EUR/USD needs a 50-pip stop. What size do you trade, and how much of the $500 daily loss limit would one full loss use? A A. 0.50 lots, half of the limit B B. 0.20 lots, a fifth of the limit C C. 0.10 lots, a tenth of the limit D D. 2.00 lots, twice the limit
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