However, we will enter trades, only if the price breaks the Moving Average of the Bollinger Bands and the bands are expanding at the same time. 

When we see an MACD crossover in the opposite direction, we will close our trades.

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Bullish flags are formations occur when the slope of the channel connecting highs and lows of consolidating prices after a significant move up is parallel and declining. The trend before the flag must be up.

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Bullish Pennant 

Best Answer: Bullish means you think prices will rise. Bearish means you think they will fall. The terms presumably came from the way the two animals attack. Bulls lower their horns and raise them high.

Bullish Investors who believe that a stock price will increase over time are said to be bullish. Investors who buy calls are bullish on the underlying stock. That is, they believe that the stock price will rise and have paid for the right to purchase the stock at a specific price known as the exercise price or strike price. Simply put, a bear market is one in which prices are heading down and a bull market is used to describe conditions in which prices are rising. What Happens in a Bull Market? When the bulls reign in the market, people are looking to invest money; confidence is high and the acceptance of risk generally goes up. 

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Long, Short, Bullish and Bearish Every trader should understand these terms since they're used frequently in financial news, trading articles and in the papers. Long, short, bullish and bearish are terms used in all markets and on all time frames, regardless of whether you're day trading or investing, or trading soybeans or currencies. What is “Bearish” and “Bullish”? For the experienced trader, these terms are more than familiar, but for the beginner, it’s important to define them: What is "Bearish"?

Bearish and Bullish are simply terms used to characterize trends in the currency, commodity or stock markets. If prices tend to be moving upward, it is a bull market. If prices are moving downward, it is a bear market. Bullish flags are formations occur when the slope of the channel connecting highs and lows of consolidating prices after a significant move up is parallel and declining. The trend before the flag must be up.

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