CMT Association CMT Level II Exam CMT-Level-II Question # 14 Topic 2 Discussion

CMT Association CMT Level II Exam CMT-Level-II Question # 14 Topic 2 Discussion

CMT-Level-II Exam Topic 2 Question 14 Discussion:
Question #: 14
Topic #: 2

Which of the following statement is not true about the Diamond Top with regards to pattern analysis?


A.

It is a profitable pattern


B.

It consists of a combination of a broadening pattern and a symmetrical triangle


C.

It occurs at the top of a very sharp upward rise in prices


D.

It is not rare at price bottoms


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