Bull Momentum
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When a momentum indicator is positive. In a two-line indicator, the fast line is above the slow line. A basic part of the high probability strategy is to trade in the direction of the momentum. Only long trades would be considered if the momentum is bullish unless the momentum is bull OB. |
Related Terms: | ||
Bear Momentum When a momentum indicator is negative. In a two-line indicator, the fast line is below the ... Momentum Reversal A momentum reversal is when the momentum indicator reverses from bullish to bearish or from bearish ... Bullish Reversal When momentum changes from a bearish to a bullish trend. With two-line indicators, when the fast ... |
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