8

CLASSIC PRICE PATTERNS

Answers

1. C. These transitional periods typically show up on the charts as price formations or price patterns.

2. D. This is not always so, but it is usually the case.

3. C.

4.

Image

5.

Image

6.

Image

7. D.

8. A = A

B = C

C = F

D = E

E = D

F = B

9. B. With a ratio scale, each vertical distance represents the same proportionate move. It would depend on the scaling how much an inch represented. It could be anything—a doubling, a 10 percent ...

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