CMT Level 1 Daily Second Test Total Questions: 30 1. Short Term Patterns are : a. Reliable b.

. Unreliable Short Term Patterns can be used independently without any evidences a. Yes b. No Other indications that can be considered alongwith short term patterns are called a. Cluster of evidences b. Non-cluster of evidences c. a & b We use short term patterns as more of a continuation patterns rather than reversal pattern a. Yes b. No Stock price opening lower than the complete range of the previous bar is called a. Gaps b. Void c. Holes d. a,b,&c When two adjacent bars lows are higher than the current bar low, it is said to have formed a. Pivot low b. Pivot high c. None What is the pattern in the given chart 16th Aug 2011 Marks: 30 (each 1 mark)

2.

3.

4.

5.

6.

7.

a. b. c. 8.

Key Reversal Day Hook Reversal Day Pipe formation

Pattern in the under given chart

a. b. c.

Inside Up Outside up Outside Down

9.

Pattern in the blue box is

a. b. c.

Pipe formation Two bar breakout Horn pattern

10. Pattern in the given box is

a. b. c.

Inside up Outside up Bullish Engulfing

11. Pattern in the box is

a. b. c.

inside bar outside bar pipe formation

12. Identify the pattern in the box

a. b. c.

knockout bar pipe formation hook reversal

13. Identify the pattern in the box

a. b. c.

Hook Reversal Day Key Reversal Day Shark

14. Pattern in the box

a. b. c.

Dark cloud cover Piercing line Harami

15. Best successful candlestick pattern a. Morning star b. Harami c. Doji 16. Down day as per candlestick pattern a. Lower high and lower low of current candlestick compared to previous candle b. Open of the candle at higher price and closing at lower price c. a & b 17. Event decline takes place in a. Dead Cat Bounce b. Island Reversal c. Pull back 18. Exhaustion gap and breakaway gap together makes a. pattern gap b. island reversal c. breakaway gap 19. Horns has a inside bar : a. Outside the pipe formation b. Centre of two bars in a pipe formation c. a & b

20. On opening higher than the inside bar closing, it is an opportunity to a. sell b. buy c. both 21. Hikake is a successful breakout of an inside bar a. Yes b. No 22. Shark pattern has a. one inside bar b. two inside bar c. three inside bar 23. The symmetry of a shark pattern is a. Inside bar b. Wide base bar c. Inside bar closing 24. Inverted hammer generally considered a. at bottom b. at top c. in the middle 25. Morning star has a a. gap down opening b. gap up opening c. a & b 26. Hook reversal day in a bar pattern has a. opening higher than previous bar high b. opening is within the body of previous bar c. closing is higher than previous bar high 27. How do we trade gap down opening when the previous bar closing is within 10% range from the low. a. take a short b. place a buy at gap covering point c. a & b 28. If there is an opening gap in general, trade the range breakout of a a. three five minute bar b. three fifteen minute bar c. three ten minute bar 29. Pipe formation consists of a. two long bars with second bar longer b. two bars with good volume c. a & b 30. Dead cat bounce can be traded after a. bounce with low volume b. bounce with high volume c. a & b