Consecutive Bullish Bars defines how many bars have a higher close and offers insight into the likelihood for follow-through after a price moves higher. This allows a trader to measure the historical tendency for a pair's upside momentum.

Each pair has an individual tendency for the momentum with which it rallies. With a historical lookback of six months, the results reflect the pair's current momentum.

Momentum and Swing traders alike will find a great deal of secondary confirmation in PowerStat's Consecutive Bullish Bars. Momentum traders can utilize the information by noting the typical follow through of the markets as applied to breakouts through key resistance levels. This is valuable information when determining profit targets and stop losses. Swing traders can utilize the information for corrective entries as market corrections can be viewed within a historical context of likely bounce ranges.

Consecutive Bullish Bars is best followed up with Movement of Consecutive Bullish/Bearish Bars and Occurrence of Bullish/Bearish Bars.