Understanding Bullish And Bearish Terms
Bullish and Bearish are general terms in the trading world financial markets that are often used by traders. But some people are still confused, why is it called bullish and bearish? Well, the terms bullish and bearish themselves have actually been around for a long time since the early eighteenth century, yes, even though the origin is not sure where this term came from. However, these two terms can be interpreted as guidelines by actors regarding the situation on the financial market, either in the form of optimism or pessimism. Meanwhile, if defined, both bullish and bearish are terms of rising and falling prices in the market within a certain period. To be clearer in understanding the two terms above, here is a complete explanation of bullish and bearish.
Bullish is basically taken from the word Bull which means bull. This is the price tendency to move up continuously in a certain period of time. When the market is experiencing an increase, it means that the bull is playing a role and the trend of the Bullish market can be used to describe the overall global market conditions. Then when the bull is playing and in control, at that time it is also called a Bullish market and when the market is bullish, it means the market is experiencing an uptrend or rising.
Bearish Market is a price movement for market conditions that are falling continuously over a certain period of time. Bearish itself is taken from the word Bear which is a bear and when the market is in decline, it means that the bear is playing a role, when the bear is playing and is in control, it is also called a bearish market. When the market is bearish, it means the market is experiencing a Downtrend or decline.
Simply put, these terms about bullish and bearish are important for further understanding by traders in the Forex market. This is very useful to help traders determine the decisions to be taken. Because the two types of tred will always go hand in hand and cannot be separated, especially when there is a bullish trend, bearish and vice versa will definitely be accompanied. Meanwhile, movements in financial markets always reflect the dynamics that occur in the market and this can take place in different periods.