Which term means 'Up trend/buy'?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $24.99Unlock all

Prepare for the TJR Bootcamp Test with quizzes and flashcards. Each question includes hints and explanations to boost your readiness for the exam!

Multiple Choice

Which term means 'Up trend/buy'?

Explanation:
Going long describes buying with the expectation that prices will rise. When traders anticipate an up move, they enter a long position by buying now to profit from the price increase later. Short is the opposite—selling now with the expectation of a fall. Bearish refers to a market outlook that prices will decline, not to a buying approach. An impulse candle is a strong directional move on a chart, indicating momentum, but it doesn’t specify the action of buying or an uptrend. So, the term that means up trend/buy is long.

Going long describes buying with the expectation that prices will rise. When traders anticipate an up move, they enter a long position by buying now to profit from the price increase later. Short is the opposite—selling now with the expectation of a fall. Bearish refers to a market outlook that prices will decline, not to a buying approach. An impulse candle is a strong directional move on a chart, indicating momentum, but it doesn’t specify the action of buying or an uptrend. So, the term that means up trend/buy is long.

More Multiple Choice Questions
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy