Candlestick Patterns Quiz
Questions: 16 · 10 minutes
1. A market is declining. A small bearish candle is followed by a larger bullish candle whose real body completely covers the first candle's real body. What pattern has formed?
Bullish harami
Morning doji star
Bullish engulfing pattern
Three white soldiers
2. During an uptrend, a long bullish candle is followed by a bearish candle that opens strongly higher but closes below the midpoint of the prior bullish body. Which pattern is this?
Bearish engulfing pattern
Evening doji star
Hanging man
Dark cloud cover
3. Which description best matches an inverted hammer in its usual context?
A long bullish candle that appears midway through an advance
A candle whose body sits inside the previous bullish candle after an advance
A small body with a long lower shadow appearing after an advance
A small body with a long upper shadow appearing after a decline
4. Which price action most closely matches three white soldiers after a decline?
Three doji candles sharing approximately the same low
Two bullish candles followed by a bearish candle that engulfs both bodies
Three consecutive strong bullish candles with progressively higher closes and relatively small upper shadows
Three bullish candles with progressively lower closes and long upper shadows
5. A rally loses momentum, then three consecutive substantial bearish candles appear, each generally opening within the previous body and closing lower. Which pattern does this describe?
Three black crows
Three inside down
Evening star
Bearish harami
6. In its classic form, which two-candle formation begins in a downtrend with a long bearish candle, then produces a bullish candle that closes above the midpoint of the first body without fully engulfing it?
Bullish harami
Piercing line
Tweezer bottom
Morning star
7. Which feature most directly defines a doji candle?
Its opening and closing prices are equal or very close
It has no upper or lower shadow
Its close is near the high after a long decline
Its real body completely contains the previous candle
8. Following an established advance, a candle has a small body near its low and a long upper shadow. What is its most likely textbook label?
Piercing line
Inverted hammer
Shooting star
Bullish engulfing pattern
9. After a sustained decline, a candle forms with a small body near its high, a long lower shadow, and little or no upper shadow. Which pattern best fits?
Shooting star
Hammer
Bearish harami
Dark cloud cover
10. A hammer and a hanging man can have nearly identical shapes. What primarily distinguishes their textbook interpretations?
Only the hammer can have a lower shadow
The hanging man must always close below its open
Only the hanging man has a small real body
The hammer appears after a decline, while the hanging man appears after an advance
11. On a standard candlestick, what does the real body represent?
The amount of trading volume during the period
The complete range between the session high and low
The difference between the current and previous closing prices
The range between the opening and closing prices
12. After a decline, a long bearish candle is followed by a small bullish candle whose entire real body lies within the first candle's real body. What is the best textbook label?
Bullish engulfing pattern
Piercing line
Bullish harami
Hammer
13. A bullish reversal pattern appears after a downtrend. The next candle closes strongly above the pattern's high. What is the most reasonable interpretation of that next candle?
It provides additional confirmation, while still not guaranteeing a reversal
It proves the prior downtrend can never resume
It makes trend context and risk management unnecessary
It converts the pattern into a guaranteed profitable trade
14. Which sequence best describes a textbook morning star reversal?
Three long bearish candles with progressively lower closes
A long bearish candle, a small-bodied candle, then a strong bullish candle closing well into the first body
A long bullish candle, a small-bodied candle, then a long bearish candle
A bearish candle followed immediately by a bullish candle that engulfs it
15. After a clear advance, a small bullish candle is followed by a larger bearish candle whose real body completely covers the first candle's body. Which label is most appropriate?
Bearish engulfing pattern
Bearish harami
Evening star
Dark cloud cover
16. An advance produces a long bullish candle, then a small-bodied candle showing hesitation, followed by a strong bearish candle that closes well into the first candle's body. What is the formation?
Three black crows
Evening star
Dark cloud cover
Bearish engulfing pattern