Trading Quiz

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Test Your Knowledge: Sharpen Your Skills with Engaging Trading Quizzes and Challenges.

Support and Resistance Levels (Elementary section)

1 / 10

Where should you place your stop loss after buy on a support?

2 / 10

What is the most conservative strategy to trade a support and resistance break out?

3 / 10

When the price of a trade bounces off support or resistance, your confirmation candlestick should:

4 / 10

How is a pricing channel defined?

5 / 10

How many highs and lows are necessary for a solid trend line?

6 / 10

What exactly is a trend line?

7 / 10

How many highs and lows do you need to have in order for your support/resistance level to be accurate?

8 / 10

When the price exceeds the support level, it becomes...?

9 / 10

At the support level…

10 / 10

_____ is a market level in a downtrend where prices find it difficult to fall further, whereas____ is a market level in a rising trend where prices find it difficult to grow further.

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