What is the minimum number of trading sessions required for an engulfing pattern to evolve?
One trading session
Two trading sessions
Three trading sessions
Four trading sessions
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What is the name given to an engulfing pattern that appears at the bottom of a downtrend?
Bearish Engulfing Pattern
Bullish Engulfing Pattern
Doji Pattern
Piercing Pattern
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In a bullish engulfing pattern, what color is the candle on the first day (P1)?
Blue
Red
Green
Black
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What does the presence of a doji after an engulfing pattern suggest?
Trend continuation
Trend reversal
Market indecision
Increased volatility
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How does a piercing pattern differ from a bullish engulfing pattern?
The second candle (P2) in a piercing pattern only partially engulfs the first candle (P1)
The first candle (P1) in a piercing pattern is blue
The piercing pattern appears at the top of an uptrend
The piercing pattern is a bearish pattern
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What is the name of the pattern that is similar to a bearish engulfing pattern but with P2 engulfing only 50% to 100% of P1?
Dark Cloud Cover
Piercing Pattern
Doji Pattern
Hammer Pattern
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