Quiz 3

Q1. Which are the most important Fibonacci Retracement ratios?

A. 38.2%, 50% and 61.8%

B. 0%, 50% and 100%

C. 23.6%, 50% and 100%

D. 0%, 38.2%, 50%

Q2. Which are the most important Fibonacci Extension ratios?

A. 138.2%, 161.8% and 261.8%

B. 161.8%, 261.8% and 423.6%

C. 100%, 161.8% and 261.8%

D. 261.8%, 423.6% and 638%

Q3. What is the first step of drawing Fibonacci extension in an uptrend Forex Trading market?

A. Click on a swing high and drag your cursor and then click on the recent swing low

B. Click on a swing low and drag your cursor and then click on the recent swing high

C. Click on a swing middle and drag your cursor and then click on the recent swing low.

D. Click on a swing low and drag your cursor and then click on the recent swing middle.

Q4. What is the first step of drawing Fibonacci extension in a downtrend Forex Trading market?

A. Click on a swing high and drag your cursor and then click on the recent swing low

B. Click on a swing low and drag your cursor and then click on the recent swing high

C. Click on a swing middle and drag your cursor and then click on the recent swing low.

D. Click on a swing low and drag your cursor and then click on the recent swing middle.

Q5. What are the two types of Fibonacci price projection techniques?

A. Internal Fibonacci Projection and External Fibonacci projection

B. Top Fibonacci Projection and Bottom Fibonacci Projection

C. Inner Fibonacci Projection and Outer Fibonacci Projection

D. None of these

Q6. What are the studies included in the External Fibonacci Projection?

A. Fibonacci Expansions, Fibonacci Extension and Pivot Point

B. Pivot Point, Fibonacci Extension and Fibonacci alternates or parallels

C. Fibonacci Expansions, Fibonacci Extension and Fibonacci alternates or parallels

D. None of these

Q7. What are the two common things in Fibonacci Expansions, Fibonacci Extension and Fibonacci alternates or parallels?

A. Forecast Price Reversal levels and show trend continuation

B. Find Support and Resistance

C. Both of these

D. None of these

Q8. What is Pivot Point?

A. It is the average of the high, low and the opening prices

B. It is the average of the high, opening and the closing prices

C. It is the average of the low, opening and the closing prices

D. It is the average of the high, low and the closing prices

Q9. What is the most famous method used for the calculation of Pivot Point?

A. Three Point System

B. Four Point System

C. Five Point System

D. Six Point System

Q10. What is the formula of Range used in the calculation of the Pivot Point?

A. Pivot = (yesterday’s high + yesterday’s low + yesterday’s Opening price)

B. Pivot = (yesterday’s high + yesterday’s low + yesterday’s Closing price) / 4

C. Range = Fibonacci Resistance – Yesterday’s Closing Price

D. Range = Yesterday’s high value – Yesterday’s low value

Answer of Question 1: A

Answer of Question 2: B

Answer of Question 3: B

Answer of Question 4: A

Answer of Question 5: A

Answer of Question 6: C

Answer of Question 7: A

Answer of Question 8: D

Answer of Question 9: C

Answer of Question 10: D

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