🧱 Basics·beginner

Bull / Bullish

A trader or outlook that expects prices to rise. "Bullish" means optimistic about upside.

A bull is someone who thinks prices are going up. "I'm bullish on EUR/USD" means "I think EUR/USD will rise." The term comes from the way a bull attacks — thrusting its horns upward. Bulls BUY. A "bull market" is a sustained uptrend — higher highs and higher lows on the chart. A "bullish candle" is a green candle that closed higher than it opened. A "bullish setup" is a chart pattern that suggests the next move will be up. Bullishness is a bias, not a strategy. Being bullish doesn't mean you enter a trade; it means you're looking for longs. The setup and risk rules still matter.

Real trade example

Being bullish on gold from $1,800 to $2,700 between 2023 and 2025 was one of the best trades of the decade — 900-pip targets hit with clean trend-following setups.

Related terms

Bear / Bearish

beginner

A trader or outlook that expects prices to fall. "Bearish" means pessimistic about upside.

Long

beginner

Buying something expecting its price to go up — the most basic bullish position in any market.

Higher High

beginner

A swing high that's higher than the previous swing high — one of the two confirmations of an uptrend.

Major Pair

beginner

Any forex pair that includes the US dollar and one other top-tier global currency — the most liquid pairs in the world.

Minor Pair

intermediate

A forex pair made up of two major currencies that does NOT include the US dollar — like EUR/GBP or AUD/JPY.

Exotic Pair

advanced

A forex pair that includes one major currency and one currency from a smaller or emerging-market economy — like USD/TRY or USD/ZAR.

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