Level 3 test

To unlock the next level you need at least 80% correct answers. You can retake the test as often as you like.

1. Question 1 of 8

   What is a Fair Value Gap (FVG)?

   ○The gap between the wicks of the first and third candle in a fast move○The difference between the buy and sell price○A day when the exchange is closed
2. Question 2 of 8

   What is an order block?

   ○The last opposite candle before a strong move○The highest candle of the day○An order the broker rejects
3. Question 3 of 8

   What is displacement?

   ○Price slowly creeping○A fast, strong price move with big candles○An error on the chart
4. Question 4 of 8

   What becomes a breaker block?

   ○Every high of the day○An order block that price breaks through and that then works in the opposite direction○An FVG that gets filled
5. Question 5 of 8

   What is an inversion FVG?

   ○An FVG that price breaks and then uses as a zone from the other side○An FVG without wicks○An FVG on the weekly chart
6. Question 6 of 8

   What do premium and discount mean?

   ○Paid and free content○The upper half of a range is expensive (premium), the lower half cheap (discount)○A broker discount
7. Question 7 of 8

   Where do long trades usually look for an entry?

   ○In the discount zone○Anywhere, it doesn't matter○In the premium zone
8. Question 8 of 8

   Why do you need a standard for grading zones?

   ○Because the exchange requires it○Because zones only work on Mondays○Because not every zone is equally good, and without rules you see zones everywhere