Candlestick Quiz

ShaFX

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Last stored quotes · informational, not trading advice

1. A candle with a small body and long upper wick generally signals...

Strong continuation up Rejection of higher prices Confirmed breakout Guaranteed reversal

2. A "doji" candle has...

No high or low A near-equal open and close A massive body Two separate bodies

3. A "bullish engulfing" pattern requires...

One green candle of any size A green candle whose body engulfs the prior red body Three green candles in a row A doji followed by a red candle

4. A "hammer" near a swing low is generally interpreted as...

Continuation down Potential bullish rejection A brokerage error A confirmed top

5. Candle colour is determined by...

Volume Open vs. close relationship Time of day Spread size

6. A "shooting star" is essentially a hammer...

On a different timeframe Inverted, appearing near highs With volume only Without wicks

7. Single candlesticks are most reliable when read with...

No context Market structure and key levels Random pairs Closed broker hours

8. Which timeframe usually gives more reliable candle signals?

1-minute Higher timeframes (H1, H4, daily) Tick chart Renko only

9. A "bearish engulfing" near resistance suggests...

Buyers in control Sellers stepping in Sideways consolidation forever Trade execution error

10. Candle patterns alone are a complete strategy?

Yes — they predict price No — they are one input among many Only on weekends Only with leverage 1:1

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