10
ONE- AND TWO-BAR PRICE PATTERNS
Answers
1. B. III is not a requirement.
2. C. This is a false statement because technical analysis deals in probabilities, never certainties.
3. A.
4. D.
5. D.
6. C. Because a pattern derives its significance from the amount of time taken to complete it.
7. B.
8. A. 1-day island reversal
B. Key reversal bar
9. D.
10. B. They may have short-term significance, but there is no reason why they cannot appear at major peaks and troughs. In fact, they often do.
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