Question

Munehisa Homma (aka Sokyu Honma), a Japanese rice trader born in ________ , is widely credited as being one of the _____________.

a) The 18th century; inventors of candlestick charting
b) The 19th century; pioneers of modern rice trading
c) The 17th century; early proponents of technical analysis
d) The 20th century; founders of digital trading platforms

Answer 1

Munehisa Homma, a Japanese rice trader born in the 18th century, is widely credited as one of the inventors of candlestick charting, a technique used in technical analysis to track the price movement of assets.

Step-by-step explanation:

Munehisa Homma, also known as Sokyu Honma, was a Japanese rice trader born in the 18th century. He is widely credited as one of the inventors of candlestick charting. Candlestick charting is a technique used in technical analysis to track the price movement of an asset over time using Japanese candlestick patterns. These patterns provide insights into the market sentiment and can help in predicting future price movements. Homma's contributions to candlestick charting have had a significant impact on the field of financial analysis.