Candleread
๐Ÿงฑ Basicsยทbeginner

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 โ€” thrusting its horns upward. Bulls BUY. A "bull market" is a sustained uptrend โ€” 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 โ€” 900-pip targets hit with clean trend-following setups.

Frequently asked about bull / bullish

What is a bull / bullish in trading?+
A trader or outlook that expects prices to rise. "Bullish" means optimistic about upside.
When will I see bull / bullish used in real trading?+
Daily market commentary, Twitter traders, analyst reports. Half the trading world is always bullish something.
What is the most common mistake traders make with bull / bullish?+
Staying bullish on a pair after it breaks down through major support. Your bias has to update with the chart โ€” stubborn bulls get eaten.
What do experienced traders know about bull / bullish that beginners don't?+
Be bullish WITH the trend, not against it. Trying to be bullish during a confirmed downtrend is picking bottoms, which is the fastest way to lose money in forex.

Related terms