Questions on the patterns traders search for most, drawn the way you see them on a chart. Each one checks what confirms the pattern, where the stop goes and when the pattern has failed.
Test yourself
One question from each lesson in this topic. Pick an answer to see why, then open the lesson if you want to review it.
Question 1 of 11
Which shape in the drawing forms at the end of an uptrend and suggests the trend may turn?
Question 2 of 11
Hypothetical head and shoulders top. In the drawing, which lettered short entry is the one the pattern actually confirms?
Question 3 of 11
Treat the line in each panel as the neckline of a hypothetical double bottom. In which panel is the pattern confirmed?
Question 4 of 11
In the drawing, which triangle has no flat side, so it has no lean of its own and you wait for the close to learn its direction?
Question 5 of 11
All three shapes follow the same sharp rise. Which one should you not trade as a continuation flag?
Question 6 of 11
In the drawing, which pattern completes D farthest beyond the X level?
Question 7 of 11
All three bases form after an uptrend. In the drawing, which one has a handle that sinks into the lower half of the base?
Question 8 of 11
Each sketch shows price between two lines. In the drawing, which one is a falling wedge?
Question 9 of 11
The drawing shows a possible triple top with its neckline dashed. If you act only on a candle close, which point confirms the pattern?
Question 10 of 11
Each panel shows price between two dashed boundary lines. Which panel is a rectangle pattern?
Question 11 of 11
Each panel in the drawing shows price between two lines. Which panel is a price channel?
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