Bullish and bearish patterns are terms used in financial markets to describe the direction of price movements. A bullish pattern indicates that prices are expected to rise, often characterized by higher highs and higher lows. Traders look for these patterns to identify potential buying opportunities, as they suggest increasing investor confidence. Conversely, a bearish pattern signals that prices are likely to fall, marked by lower highs and lower lows. This pattern indicates a lack of confidence among investors, leading to selling pressure. Recognizing these patterns helps traders make informed decisions about when to enter or exit the market.