Improving Fibonacci, Fractals, CCI, RSI, 
Pitchfork Tool, Volume, Gap And Scalping Trading


Fibonacci, fractals, RSI, CCI, Pitchfork Tool, Volume, Gap And Scalping Trading Tips And Tricks 

Fibonacci Patterns Test

1/ Give four examples of Fibonacci patterns.

2/ Which specific Fibonacci retracement is precise in the formation of
the Gartley pattern?

3/ The retracement of AB in relation to the XA in the case of the Butterfly pattern is precisely 78.6%.  True or false.

4/ What is the common point between a crab pattern and Gartley pattern?

5/ Which market principle is the Bat pattern highlighting?

6/ A Fibonacci pattern is a special ABCD chart pattern.  True or false?

7/ Name the two essential conditions that must be in place when a Fibonacci pattern begins?

8/ Where is the expected reversal point D in relation to XA in the case of Butterfly pattern?

9/ Where is the expected reversal point D in relation to XA in the case of Bat pattern?

10/ Where is the expected reversal point D in relation to XA in the case of Gartley pattern?

11/ Where is the expected reversal point D in relation to XA in the case of the crab pattern?

12/ How to trade a Fibonacci pattern like a pro?

13/ How to trade a Fibonacci pattern at the point C when the pattern is still being formed?

14/ Why Fibonacci traders often draw a warning line at the points C and D when there is a trading setup?

15/ What are the other Fibonacci extensions levels one must take into consideration when the price exceeds the 161.8% Fibonacci extensions of XA during a crab pattern formation?

16/ What is a harmonic pattern?

17/ Why one should also be ready to take a position after a valid breakout at the point B both in the case of butterfly and crab patterns?

18/ A butterfly pattern is called butterfly pattern just because the pattern looks like a butterfly.
True or false?

19/ A bat pattern is called bat pattern just because the pattern looks like a bat.
True or false?

20/ Which point is more likely to be in the zone of 78.6% Fibonacci retracement of XA in the case of the Gartley pattern?

21/ The point D of the Bat pattern is in the zone of the 88.6% Fibonacci retracement of XA.  True or false?

22/ Why is it important for medium and long term market participants to combine the technical trading and fundamental analysis when they are dealing with Fibonacci patterns?

23/ Tell me the time frames where one is more likely to spot a Fibonacci pattern.

24/ My favorite harmonic pattern is the butterfly pattern.  What is your favorite Fibonacci pattern?