Chapter 6

Chapter 6

Nov 26, 2021 / By : / Category :

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What should price do next in this example and why?

Correct! Wrong!

What are the best reasons why this is a good candle to buy on?

Correct! Wrong!

Why is this the perfect time to buy?

Correct! Wrong!

When you look at this chart, what 2 huge details jump out first?

Correct! Wrong!

Why is this a good shorting opportunity?

Correct! Wrong!

Assuming that both candles 1 and 2 are great buy signals, which is better and why?

Correct! Wrong!

How would you describe trend in this example?

Correct! Wrong!

What is the trend in this example and where do you see price going?

Correct! Wrong!

What do candles 1 and 2 have in common?

Correct! Wrong!

Out of the 4 examples shown, which are the best buy signals

Correct! Wrong!

What is likely to happen in both cases and why?

Correct! Wrong!

Why is this the perfect short on Bitcoin here?

Correct! Wrong!

Why is this the perfect buy?

Correct! Wrong!

List some reasons why this is a buying opportunity

Correct! Wrong!

You take a short position after the great signal labelled 1. What should you do at the candle 2?

Correct! Wrong!

You take a buy position after either of the purple arrow candles. When should you exit the trade?

Correct! Wrong!

Looking back at the trend chapter, what would these 4 points be called?

Correct! Wrong!

Knowing that these points 1-4 symbolize the downtrend. What do the numbers show?

Correct! Wrong!

How would you describe the trend on this chart of Gold?

Correct! Wrong!

Why will you look for trades like this going forward?

Correct! Wrong!

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