Question

If there is a bearish candlestick in which the open is above the close with a long body, this means that the _________ _________ _______ the market during this chosen time frame.

A) Sellers dominate
B) Buyers dominate
C) Market is stable
D) Market is volatile

Answer 1

If there is a bearish candlestick with an open above the close and a long body, it means that the sellers dominate the market during the chosen time frame.

Step-by-step explanation:

If there is a bearish candlestick in which the open is above the close with a long body, this means that the sellers dominate the market during this chosen time frame. In a bearish candlestick pattern, the opening price is higher than the closing price, indicating that sellers have more control over the market. The long body of the candlestick suggests a strong bearish sentiment and indicates that the sellers have pushed the price down significantly during the chosen time period.