Quiz-summary
0 of 10 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Information
Certdemy Premium Access
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 10 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- Answered
- Review
-
Question 1 of 10
1. Question
Which of the following is not an outcome of a climax peak, when the test is a rising wedge pattern?
Correct
If the measure is a rising wedge pattern at a climax point, the chances are incredibly high that the breakout is going downwards. Owing to the exhaustion of the emotion and dedication at the climax peak and being unable to return during the study, the downward break in the wedge pattern is a sign of a longer-term downward reversal.
Incorrect
If the measure is a rising wedge pattern at a climax point, the chances are incredibly high that the breakout is going downwards. Owing to the exhaustion of the emotion and dedication at the climax peak and being unable to return during the study, the downward break in the wedge pattern is a sign of a longer-term downward reversal.
-
Question 2 of 10
2. Question
What least number of reversal points be touched to qualify the pattern as a wedge?
Correct
When a wedge is not present, trend lines frequently converge in the same direction, Bulkowski requires that at least five reversal points be reached to classify the pattern as a wedge. It means three points on one line of the trend, and at least two points on another. Otherwise, the pattern is not accurately identified and may fail to show the results seen in actual wedge patterns.
Incorrect
When a wedge is not present, trend lines frequently converge in the same direction, Bulkowski requires that at least five reversal points be reached to classify the pattern as a wedge. It means three points on one line of the trend, and at least two points on another. Otherwise, the pattern is not accurately identified and may fail to show the results seen in actual wedge patterns.
-
Question 3 of 10
3. Question
Which of the following is not a reaction of declining volume in three-quarters of the formations?
Correct
The volume falls in three-quarters of the formations and, if it does, the post-performance increases over the wedges. Plus the price. The number of breakouts seems meaningless for post results. Pullbacks and throwbacks are extremely likely to occur, which distracts from subsequent success when present.
Incorrect
-
Question 4 of 10
4. Question
Which of the following are common characteristics shared between the pullbacks and throwbacks?
Correct
Pullbacks and throwbacks are extremely likely to occur, which distracts from subsequent success when present. In the lower quartile of all other classic styles, the output rating for wedges is.
Incorrect
Pullbacks and throwbacks are extremely likely to occur, which distracts from subsequent success when present. In the lower quartile of all other classic styles, the output rating for wedges is.
-
Question 5 of 10
5. Question
In what range does the performance rank for wedges lies regarding the trend analysis pattern?
Correct
The output rank for wedges is in the lower quartile of all other classic trends, and its failure rate is slightly lower for upward breakouts (8% -11%) than for downward breakouts (15% -24%).
Incorrect
The output rank for wedges is in the lower quartile of all other classic trends, and its failure rate is slightly lower for upward breakouts (8% -11%) than for downward breakouts (15% -24%).
-
Question 6 of 10
6. Question
Which of the following is the failure range for upward breakouts of wedges? Choose the best possible answer.
Correct
The output rank for wedges is in the lower quartile of all other classic trends, and its failure rate is slightly lower for upward breakouts (8% -11%) than for downward breakouts (15% -24%). The smallest reliable is the rising wedge with a downward breakout.
Incorrect
The output rank for wedges is in the lower quartile of all other classic trends, and its failure rate is slightly lower for upward breakouts (8% -11%) than for downward breakouts (15% -24%). The smallest reliable is the rising wedge with a downward breakout.
-
Question 7 of 10
7. Question
Out of all the wedges trend which of the following is the least reliable?
Correct
The output rank for wedges is in the lower quartile of all other classic trends, and its failure rate for upward breakouts (8%-11%) is considerably lower than for downward breakouts (15%-24%). The wedge rising with a breakup down is the least accurate. The scaling wedge with a fall down is the least effective.
Incorrect
The output rank for wedges is in the lower quartile of all other classic trends, and its failure rate for upward breakouts (8%-11%) is considerably lower than for downward breakouts (15%-24%). The wedge rising with a breakup down is the least accurate. The scaling wedge with a fall down is the least effective.
-
Question 8 of 10
8. Question
Which of the following describes the direction of breakouts of a trading wedge?
Correct
Trading wedge pays to wait and act immediately upon the breakout. However, since wedges have such a high percentage of breakouts in the opposite direction from the direction of the wedge, the direction of a breakup is obvious while the wedge is forming.
Incorrect
Trading wedge pays to wait and act immediately upon the breakout. However, since wedges have such a high percentage of breakouts in the opposite direction from the direction of the wedge, the direction of a breakup is obvious while the wedge is forming.
-
Question 9 of 10
9. Question
What is the formation of the trading wedge when it’s rising and declining?
Correct
Since wedges have such a high percentage of breakouts in the opposite direction from the direction of the wedge, the direction of breakup becomes obvious as the wedge becomes forming. Invariably a rising wedge would break down, and a dropping wedge upward.
Incorrect
Since wedges have such a high percentage of breakouts in the opposite direction from the direction of the wedge, the direction of breakup becomes obvious as the wedge becomes forming. Invariably a rising wedge would break down, and a dropping wedge upward.
-
Question 10 of 10
10. Question
What is the relationship between the volume and the prices in case of a rounding top?
Correct
In a rounding top volume continues to follow the same trend of decrease as prices decelerate and increase as prices slowly decline.
Incorrect
In a rounding top volume continues to follow the same trend of decrease as prices decelerate and increase as prices slowly decline.