Continuation/Formations

Question 1

Define RBR

Answer 1

Rally-Base-Rally

Question 2

Define DBD

Answer 2

Drop-Base-Drop

Question 3

Define DBR

Answer 3

Drop-Base-Rally

Question 4

Define RBD

Answer 4

Rally-Base-Drop

Question 5

What pattern is created by a pause in a downward movement and that area becomes the Supply area?

Answer 5

Drop-Base-Drop

Question 6

What pattern created by a pause in an upward movement and those areas become Demand?

Answer 6

Rally-Base-Rally

Question 7

What zone does Rally-Bass-Rally fall under?

Answer 7

Demand

Question 8

What zone does Drop-Base-Drop fall under?

Answer 8

Supply

Question 9

What zone does Drop-Base-Rally fall under?

Answer 9

Demand

Question 10

What zone does Rally-Base-Drop fall under?

Answer 10

Supply

Question 11

What kind of formation is a Drop-Base-Rally?

Answer 11

Valley

Question 12

What kind of formation is a Rally-Base-Drop?

Answer 12

Peak

Question 13

What kind of patterns are Rally-Bass-Rally & Drop-Base-Drop?

Answer 13

Continuation

Question 14

What kind of patterns are Drop-Base-Rally & Rally-Base-Drop?

Answer 14

Reversal

Question 15

Does the base on Reversal Formations have to have more than one candle stick? Yes or No

Answer 15

No

Question 16

How many candlesticks are needed to identify a base in a continuation pattern?

Answer 16

Three or more

Question 17

What kind of pattern/formations does impulse waves creates?

Answer 17

Rally-Base-Rally

Question 18

What kind of pattern/formation do we look for during downtrends & uptrends?

Answer 18

Continuation