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Question 1 of 10
1. Question
In the trading rectangle what is the accurate method of calculating the target using the rectangle formation?
Correct
By adding the height of the rectangle formation to the breakout size, one goal can be determined. According to Bulkowski, in rectangles, the upward target is reached or exceeded 91 percent –93 percent of the time, and in downward breakouts, 65 percent –77 percent of the time is reached or exceeded.
Incorrect
By adding the height of the rectangle formation to the breakout size, one goal can be determined. According to Bulkowski, in rectangles, the upward target is reached or exceeded 91 percent –93 percent of the time, and in downward breakouts, 65 percent –77 percent of the time is reached or exceeded.

Question 2 of 10
2. Question
Which of the following is not a condition for the formation of the triple top triple bottom pattern?
Correct
The top and bottom triple formation is just a triangle, with three touches to the support or resistance line. Therefore it is more precise than the rectangle and less general. That peak in the top should be on the same level and have roughly the same shape. The middle point could be down marginally from the other two.
Incorrect
The top and bottom triple formation is just a triangle, with three touches to the support or resistance line. Therefore it is more precise than the rectangle and less general. That peak in the top should be on the same level and have roughly the same shape. The middle point could be down marginally from the other two.

Question 3 of 10
3. Question
What is the name of the pattern that is formed by a general pattern that has nonparallel boundary lines such that when extended into the future they cross each other?
Correct
The design of the rectangles is bounded by parallel lines. When the same general pattern has nonparallel boundary lines, so that the structure becomes a triangle pattern when extended into the future they cross each other. Triangles may be the product of a lower bound upwardsloping or an upward bound downward.
Incorrect
The design of the rectangles is bounded by parallel lines. When the same general pattern has nonparallel boundary lines, so that the structure becomes a triangle pattern when extended into the future they cross each other. Triangles may be the product of a lower bound upwardsloping or an upward bound downward.

Question 4 of 10
4. Question
When studying the formation of the standard triangles what is the name given to the point where the two lines pass and cross over each other?
Correct
The point at which the two lines pass and cross over each other is called the apex or cradle in these triangles, and the distance between the first high point of reversal and the first low point of reversal inside the triangle is called the base.
Incorrect
The point at which the two lines pass and cross over each other is called the apex or cradle in these triangles, and the distance between the first high point of reversal and the first low point of reversal inside the triangle is called the base.

Question 5 of 10
5. Question
Which of the following is the correct description of a descending triangle keeping in min the standard triangle pattern analysis?
Correct
Unless the lower bound is a horizontal support section, and the upper one is a slanting downward trend line, it is called a downward triangle. If the lower trend line is rising, and the upper bound is a region of horizontal resistance, it is called a triangle ascending.
Incorrect
Unless the lower bound is a horizontal support section, and the upper one is a slanting downward trend line, it is called a downward triangle. If the lower trend line is rising, and the upper bound is a region of horizontal resistance, it is called a triangle ascending.

Question 6 of 10
6. Question
Which of the following pattern is formed when we combine a broadening pattern with a triangle, usually a symmetrical triangle keeping in mind the pattern analysis of a standard triangle?
Correct
If both the upper and lower bound slant in the same direction and converge, it is called a wedge, and when the two lines diverge regardless of slope, a reverse triangle is called an extending pattern. When we combine an extending pattern with a triangle, normally a symmetrical triangle, we get what is known as a diamond pattern
Incorrect
If both the upper and lower bound slant in the same direction and converge, it is called a wedge, and when the two lines diverge regardless of slope, a reverse triangle is called an extending pattern. When we combine an extending pattern with a triangle, normally a symmetrical triangle, we get what is known as a diamond pattern

Question 7 of 10
7. Question
When talking about trends which of the following is the best trend regarding the index of the trend?
Correct
If one index bursts out upwards but there are no other indexes, the indexes are said to be divergent; in other words, they do not work together. However, a legitimate, strong trend should have all the indexes acting in concert.
Incorrect
If one index bursts out upwards but there are no other indexes, the indexes are said to be divergent; in other words, they do not work together. However, a legitimate, strong trend should have all the indexes acting in concert.

Question 8 of 10
8. Question
What is the pattern called if there is a high on day 4 and another on day 20 should appear in both the price and the oscillator? If the price high on day 20 is higher than the high on day 4 but the oscillator high on day 20 is not higher than on day 4?
Correct
For both price and oscillator, a high on day 4 and another on day 20 will appear. When on day 20 the price high is higher than on day 4 but on day 20 the oscillator high is not higher than on day 4, then the trend is called negative divergence.
Incorrect
For both price and oscillator, a high on day 4 and another on day 20 will appear. When on day 20 the price high is higher than on day 4 but on day 20 the oscillator high is not higher than on day 4, then the trend is called negative divergence.

Question 9 of 10
9. Question
Which of the following is not considered an aspect of Cycle Analysis?
Correct
There are several other aspects of cycle analysis of which the technical analysis needs to be aware. Below are the names of these aspects:
(a) Accuracy
(b) Harmonics
(c) InversionsIncorrect
There are several other aspects of cycle analysis of which the technical analysis needs to be aware. Below are the names of these aspects:
(a) Accuracy
(b) Harmonics
(c) Inversions 
Question 10 of 10
10. Question
Using the concepts learned during Cycles, which of the following is considered to bee the correct description of a right translation?
Correct
A right translation in a cycle is when the peak is beyond the halfway point, and a left translation is when the cycle peak occurs before the halfway point.
Incorrect
A right translation in a cycle is when the peak is beyond the halfway point, and a left translation is when the cycle peak occurs before the halfway point.