1. Which type of chart is most popular among traders for detailed price action?
✅ Candlestick chart.

2. Why should traders practice on demo accounts?
✅ To learn without risking real money.

3. What is an uptrend characterized by?
✅ Higher highs and higher lows.

4. What's the first step in starting with technical analysis?
✅ Learning to read charts and identify trends.

5. What does technical analysis aim to predict?
✅ Future price movements.

6. What is the primary focus of technical analysis?
✅ Historical price data and patterns.

7. What is the purpose of the Relative Strength Index (RSI)?
✅ To measure momentum.

8. What is a common mistake when using technical analysis?
✅ Overloading with too many indicators.

9. Which trend is defined by prices staying within a range?
✅ Sideways trend.

10. What does the limit price do in a stop limit order?
✅ Ensures the trade executes within a specified price range.

11. What should traders avoid when setting stop and limit prices?
✅ Placing them too close together.

12. What is the purpose of a stop price in a stop limit order?
✅ To set the maximum or minimum price.