Hello @brayan256 , I’m glad you participated in the 2nd week of the Beginner’s class at the Steemit Crypto Academy. Your grades in this task are as follows:

Observations:

When the close is higher than the open price, then the body of the candlestick is green which reflects a positive sentiment in the markets and when the close is lower than the open price then the body of the candlestick is red which reflects a negative sentiment in the market.

True. With this information about the price, traders can be able to predict who is in control of the current market price. Whether it is the buyers (Bulls) or the sellers (Bears).

The candlestick can also notify a trader when a retracement is going to take place.

True. The candlestick patterns which we will cover in the next topic helps to spot market reversals and continuation of price. For a single candle, price reversals occur at a key level in the market.

Describe a bullish candle and a bearish candle identifying its anatomy.

In this section, you were required to identify an bullish candle and its anatomy(Open,Close, High and low).

Recommendation / Feedback:

• The student have completed the homework task for this lesson.
• The student answered the questions correctly but missed some key points on Candlestick anatomy.
• Overall presentation is good and markdowns were properly placed.

Thank you for submitting your homework