Butterfly pattern
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Question 1 of 6
1. Question
What type of pattern is the butterfly pattern?
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Question 2 of 6
2. Question
How many legs have to complete to form a valid butterfly pattern?
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Question 3 of 6
3. Question
Look at the chart:
A bullish butterfly is highlighted. Which of the three marked entry levels is the most suitable, according to the lesson?CorrectIncorrect -
Question 4 of 6
4. Question
Look at the chart:
A bullish butterfly pattern is highlighted. Which of the three marked stop loss levels is the most suitable, according to the lesson? (An X-A extension is included as a hint.)CorrectIncorrect -
Question 5 of 6
5. Question
Look at the chart:
A bullish butterfly pattern is highlighted. Which of the three marked profit target levels is the most suitable according to the conservative target position in the lesson?CorrectIncorrect -
Question 6 of 6
6. Question
Look at the chart:
A bullish butterfly pattern is highlighted. Which of the three marked profit target levels is the most suitable according to the aggressive target position in the lesson?CorrectIncorrect