Candle Sticks

36 cards   |   Total Attempts: 190
  

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Question 1
Bull Candle
Answer 1
Bull Period - "Periods" show the distance between the "opening" and "closing" price, during the trading (period).The tails also known as wicks and shadows, indicate the highest and lowest points over the time period. The color of the candle indicates the direction traveled (Green candles) indicate upward trends.
Question 2
Bear Candle
Answer 2
Bear Period - "Periods" show the distance between the (opening and closing) price, during the trading (period).The tails also known as wicks and shadows, indicate the highest and lowest points over the time period. The color of the candle indicates the direction traveled (Red candles) indicate downward trends.
Question 3
Engulfing
Answer 3
Bullish Engulfing Candle - It is an indicator of a trend reversal. When a trading period engulfs that of the preceding period. A green body engulfing a red body indicates a bullish trend.
Question 4
Engulfing
Answer 4
Bearish Engulfing Candle - It is an indicator of a trend reversal. When a trading period engulfs that of the preceding period. A red body engulfing a green body indicates a bearish trend.
Question 5
Piercing Line
Answer 5
Bullish Reversal Indicator - "Period" created after daily bearish trend. New candle opens on a new day, at a lower price than that of the previous day. And closes above the mid-point of its preceding candle.Followed by a bullish trend.
Question 6
Dark Cloud Cover
Answer 6
Bearish Reversal Indicator - "Period" created after daily bullish trend. New candle opens on a new day, at a higher price than that of the previous day. And closes below the mid-point of its preceding candle.
Question 7
Marubozu
Answer 7
Bull Marubozu - A marubozu candle shows a strong wide distance between the opening and closing price, with no wicks or shadows. A (Bull Marubozu) indicates (Buyers) controlled the market during the trading period.
Question 8
Marubozu
Answer 8
Bear Marubozu - A Marubozu candle shows a strong wide distance between the opening and closing price, with no wicks or shadows. A (Bear Marubozu) indicates (Sellers) controlled the market during the trading period.
Question 9
Spinning Top
Answer 9
Green Top - Indecision. Small Body with significantly long shadows on both ends. High volatility between the opening and closing price with no significant change. (Could be Green or Red)
Question 10
Spinning Top
Answer 10
Red Top - Indecision. Small Body with significantly long shadows on both ends. High volatility between the opening and closing price with no significant change. (Could be Red or Green)
Question 11
Paper Umbrella
Answer 11
Bearish Trend Reversal - A small body with a long (Low) wick. Indicating strong reversal, end of bear trend. Bullish Trend Indicator. Could be (Green or Red)
Question 12
Paper Umbrella
Answer 12
Bearish Trend Reversal - A small body with a long (Low) wick. Indicating strong reversal, end of bear trend. Bullish Trend Indicator. Could be (Red or Green)
Question 13
Hammer
Answer 13
Bull Trend Indicator-Hammers form at the bottom of a downtrend, it happens when the price drops suddenly! to then rise above its opening entry point. The hammer indicates strong up trend.Hammers can be (Red or Green)
Question 14
Hammer
Answer 14
Bull Trend Indicator-Hammers form at the bottom of a downtrend, it happens when the price drops suddenly! to then rise above its opening entry point. The hammer indicates strong up trend.Hammers can be (Red or Green)
Question 15
Inverted Hammer
Answer 15
Bull Trend Indicator- Inverted Hammers form at the bottom of a downtrend, it happens when the price rises upon opening. To then drop suddenly, closing bellow its opening entry point. The Inverted Hammer indicates strong Bull trend. Inverted Hammers can be (Green or Red)