Module 3 Comprehensive Assessment: Part B: Pattern Recognition
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Question 1 of 3
1. Question
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted.Hint
Head and shoulders: Three peaks with middle peak highest, connected by neckline. Target = distance from head to neckline projected below neckline break.
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Question 2 of 3
2. Question
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted.Hint
Ascending triangles: horizontal resistance, rising support, typically bullish. Descending triangles: horizontal support, falling resistance, typically bearish. Both should show decreasing volume during formation.
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Question 3 of 3
3. Question
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted.Hint
Cup and handle: U-shaped cup followed by small downward handle, indicates accumulation and typically leads to upward breakouts.