Free CMT-LEVEL-II Exam Braindumps (page: 11)

Page 10 of 66

The "Rising 3 Methods" candlestick pattern is:

I) Bullish

II) Bearish

III) Long White Body followed by a series of smaller falling candles

IV) Long Black Body followed by a series of smaller rising candles

  1. I & III
  2. I & IV
  3. II & III
  4. II & IV

Answer(s): A



_____________ captures an increasing part of the profits as price moves in a favorable direction.

  1. Initial Stop
  2. Trailing stop
  3. Sell stop
  4. Standard deviation stop

Answer(s): B



Which of the following factors would increase the predictive power of an engulfing pattern?

  1. The first day has a very long real body and the second day has a very short real body
  2. The pattern appears after a consolidation pattern
  3. There is heavy volume on the first day of the engulfing pattern
  4. None of the above

Answer(s): D



Which of the following is a CORRECT interpretation of open interest?

  1. Rising open interest in an uptrend is bearish
  2. Declining open interest in an uptrend is bearish
  3. Rising open interest in a downtrend is bullish
  4. Declining open interest in a downtrend is bearish

Answer(s): B






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