TH » Test: Head and Shoulders

Test: Head and Shoulders

Question 01: What is a head and shoulders pattern considered to be?

a) A reversal pattern

b) A continuation pattern

c) A stable pattern

d) An unstable pattern

Question 02: What defines a typical head and shoulders pattern?

a) Only the left and right shoulders

b) Only the head

c) Only the neckline

d) All of the above

Question 03: Which statement is correct in the first method of trading using a typical head and shoulders pattern?

a) When the price breaks the neckline, you can enter the market with a buy order

b) When the price breaks the neckline, you can enter the market with a sell order

c) You can enter the market with a buy order before reaching the neckline

d) You can enter the market with a sell order before reaching the neckline

Question 04: What is an inverted head and shoulders pattern considered to be?