Quiz 8

Q1. In which year the Elliott theory was proposed?

A. 1935

B. 1939

C. 1964

D. 1969


Q2. How many waves a complete Forex cycle contains?

A. Four

B. Five

C. Eight

D. Nine


Q3. How many impulse and corrective waves are there in the Forex cycle?

A. 5 Impulse and 3 Corrective Waves

B. 4 Impulse and 4 Corrective Waves

C. 3 Impulse and 5 Corrective Waves

D. All of the above in different market situations


Q4. Which of the following is a rule for a valid Impulse Wave?

A. Wave 1 and Wave 2 should be at same heights

B. Wave 2 cannot pass the beginning point of Wave 1

C. Wave 2 cannot pass the ending point of Wave

D. None of the above


Q5. How many types of the Corrective Waves are there?

A. 3

B. 4

C. 5

D. 6


Q6. Which waves are in the trend direction?

A. Impulse Waves

B. Corrective Waves

C. Sometimes Corrective Waves and sometimes Impulse Waves

D. None


Q7. Which type of Flat is not seen in the price records?

A. Regular Flat

B. Running Flat

C. Expanded Flat

D. None of the above


Q8. Which is the most common Correction?

A. Zigzag

B. Flat

C. Triangle

D. Double and Triple Threes


Q9. Which Correction is of five overlapping waves?

A. Zigzag

B. Flat

C. Triangle

D. Double and Triple Threes


Q10. Which Relationship exists between the Fibonacci sequence and the Elliott Wave Principle?

A. 2-2

B. 4-4

C. 3-5

D. 5-3


Answer of Question 1: B

Answer of Question 2: C

Answer of Question 3: A

Answer of Question 4: B

Answer of Question 5: B

Answer of Question 6: A

Answer of Question 7: B

Answer of Question 8: A

Answer of Question 9: C

Answer of Question 10: D