Candlestick patterns quiz · TradeBridge IB

1.A candle opens at 1.1000 and closes at 1.1030, with a high of 1.1040 and a low of 1.0985. How long is its upper wick?

30 pips15 pips10 pips55 pips

2.Four H1 candles are combined into one H4 candle. Which price becomes the H4 candle's open?

The open of the first H1 candleThe lowest low of the four candlesThe close of the last H1 candleThe average of the four opens

3.What does a doji mainly suggest?

A guaranteed reversalStrong buying pressureStrong selling pressureIndecision between buyers and sellers

4.Which description fits a hammer?

Large body with no wicks, after a riseSmall body near the top, lower wick at least twice the body, after a declineSmall body near the bottom, long upper wick, after a riseOpen and close equal, with equal wicks

5.Candle 1 is bearish with a body from 1.1020 to 1.1040. Candle 2 is bullish, opening at 1.1018 and closing at 1.1050. What pattern is this, if it follows a decline?

Inside barBullish engulfingEvening starShooting star

6.A morning star's first candle opens at 1.1100 and closes at 1.1030. Above what price must the third candle close?

1.10301.11001.10501.1065

7.Which factor most strengthens a bullish reversal pattern?

It forms at a support zone that has held beforeIt forms on a one-minute chartIt forms just before a major news releaseIt forms in the middle of a steady decline, far from any level

8.With a 5,000 USD account risking 1% on EUR/USD and a 62-pip stop, what position size keeps you within your risk?

0.81 lots0.62 lots0.08 lots0.50 lots