Bulls means market is going up, bears is when market is going down, Range is when market is going a side way.
when a Base Currency gains value, bars go up as Presented by Green Candles - we can call them Bull Candles. when base currency loses value, bars go down as Presented by White Candles - we can call them bear Candles.
Bull - UP
Bear - Down
Market goes up and down because value of a currency fluctuates every second. Even if the market goes up and down, at the end of the day or after a certain period of time you can notice that the market has been bullish or bearish, meaning it has went up or down.
As you do so you look at a general direction which is a Trend.
Trend
A trend is a tendency for prices to move in a particular direction over a period. Trends can be long term, short term. it can go upward, downward and even sideways (range)
If trend goes down is called down trend or Bear Trend, when it goes up its called Up trend or Bull Trend. A sideway Trend is called a Range.
Retracement.
in Up or Down Trend you will notice movements that go the opposite direction, that is called Retracement.
