Bullish VS Bearish
Who are the Bullish and Bearish traders? Who is a bear and who a bull?
Bear and bull terms appears in the 18th century in England and describe how each animal attacks its opponents. A bull will thrust its horns up into the sky, while a bear will swipe down.
Bullish
Traders who believe that a currency price will increase in the near future are said to be bullish. They buy coins at the market price pushing the price to go up!
Bearish
Traders who believe that a currency price will decline in the near future are said to be bearish. They sell coins at the market price pushing the price to go down!
Consequences
A bullish market is when more traders want to buy at the market place than the traders who want to sell; this action makes the price of a currency go up.
A bearish market is when more traders want to sell at the market place than the traders who want to buy; this action makes the price of a currency go down.
Candlestick Patterns
