Quiz 9

Q1. Why the Harmonic Patterns are most advantageous?

A. Because no guesswork is required

B. Because guesswork is least

C. Because any guess can be correct

D. Because guesswork is done after calculation

 

Q2. In which of the time frames the Harmonic Pattern can be applied?

A. Weekly

B. Monthly

C. Annually

D. All of the above

 

Q3. Who gave the concept of the AB=CD Pattern?

A. Scott Caney

B. HM Gartley

C. Larry Pesavento

D. None of the above

 

Q4. What is the condition of an invalid AB=CD Pattern?

A. Retracement is less than 1

B. Retracement is equal to 1

C. Retracement is more than 1

D. All of the above

 

Q5. What is the condition of a rare AB=CD Pattern?

A. Retracement is less than 1

B. Retracement is equal to 1

C. Retracement is more than 1

D. All of the above

 

Q6. Which Retracement level is the reliable Retracement in the Gartley Pattern?

A. 60%

B. 65%

C. 70%

D. 78%

 

Q7. What is the approx percentage of accuracy that the Butterfly Pattern shows?

A. 60%

B. 70%

C. 75%

D. 80%

 

Q8. What is the confirmation condition of the Butterfly Pattern?

A. Last side should extend the longer side

B. First side should extend the longer side

C. First and last should be at the same height

D. None of the above

 

Q9.  With which Forex Trading style, the Bat Pattern is suitable?

A. Intraday

B. Swing

C. Positional

D. All of the above

 

Q10. From which all patterns, the Bat Pattern is more successful

A. Gartley Pattern

B. Gartley Pattern and AB=CD Pattern

C. Garlety Pattern, AB=CD Pattern, Butterfly Pattern

D. All of the above

 

Answer of Question 1: B

Answer of Question 2: D

Answer of Question 3: C

Answer of Question 4: C

Answer of Question 5: B

Answer of Question 6: D

Answer of Question 7: C

Answer of Question 8: B

Answer of Question 9: D

Answer of Question 10: C

1 thought on “Quiz 9

  • Pingback: Learn Forex Trading Stepwise Index - Fxstay

Comments are closed.