Question
In the below chart of DECK, areas denoted by letters C, D, and after D respectively best refer to which patterns? a. Rising wedge, ascending
In the below chart of DECK, areas denoted by letters C, D, and after D respectively best refer to which patterns?
a.
Rising wedge, ascending triangle, trading range
b.
Symmetrical triangle, double top, breakaway gap
c.
Ascending triangle, trading range, breakaway gap
d.
Descending triangle, double top, breakaway gap
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If the Relative Strength line between two variables is declining, this means that:
a.
The price of the variable in the numerator is decreasing at a faster rate than the price of the variable in the denominator
b.
The price of the variable in the numerator is rising, while the price of the variable in the numerator is staying constant
c.
The variable in the numerator is outperforming the variable in the denominator
d.
Both variables are in uptrend but approaching overbought territory
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