What Is Bullish And Bearish

Bulls are buyers - Bears are sellers

Bearish and Bullish are simply terms used to characterize trends in the currency.

Bullish 

A candlestick where the closing price is above the opening price is named a bullish candle. A general uptrend in a price could be a bullish market.

Bull markets typically happen when economic indicators show that things are looking up. When the market goes up bulls are in control. When bulls are up to the mark - it’s known as a bullish market. A bull market is a market condition in which the prices are increasing.

Bulls Candle 

Bearish

Bear markets tend to happen when market sentiment is very low. A bear market is a market condition in which the prices are falling.  A candlestick where the closing price is below the opening price is called a bearish candle. A general downtrend in a price is a bearish market.

Bear Candle