Question

Munehisa Homma (ak7a _______ ), understood __________ , but also identified the fact that _________________.

a) The Candlestick Master; market psychology, market sentiment can be seen in price patterns
b) The Rice Samurai; agricultural economics, rice prices are always predictable
c) The Sake Sensei; weather patterns, weather affects rice production
d) The Charting Ninja; tea trading, tea prices follow a different pattern

Answer 1

Munehisa Homma, also known as The Candlestick Master, understood market psychology and identified that market sentiment is visible in price patterns.

Step-by-step explanation:

The correct answer to the student's question is option a) The Candlestick Master; market psychology, market sentiment can be seen in price patterns. Munehisa Homma was known as the father of the candlestick charting technique used in financial market analysis, which considers market psychology and recognizes that market sentiment is reflected in price patterns. This method is not about agriculture or weather patterns directly influencing the prices of commodities, but about the psychological aspects that drive trading behavior and are visible in the shapes and sequences found in candlestick charts.