Bullish patterns are formations on price charts that suggest a potential upward movement in the market. Traders often look for these patterns to identify buying opportunities. Common examples include the cup and handle, double bottom, and ascending triangle. These patterns indicate that buyers are gaining strength, which may lead to higher prices. Recognizing bullish patterns can help investors make informed decisions. When a bullish pattern is confirmed, it often signals a good time to enter a trade. However, it's essential to combine this analysis with other indicators and market conditions to increase the chances of success.