8.5 Price Action Trading Strategy – Quiz

1. The primary components of a price action trading strategy should be: *

Trend lines,support/resistance,moving averages

Trend lines,moving averages,Fibonacci retracement levels

Trend lines, support/resistance, candlestick analysis

Support/ resistance ,pivotpoints, Fibonacci retracement levels

2. When there is no obvious long-term trend, it can be a good idea to: *

Trade with the short-term trend

Try to draw a consolidating triangle with trend lines

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