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| Price | ▲ 0.29% | ▲ 0.13% | ▼ 2.85% | ▼ 1.21% |
| Energy | ▲ 5.2 | ▼ 4.2 | ▼ 14.9 | ▼ 17.2 |
Trend of Neutral BCHUSD Daily
▸When BCHUSD is in Neutral:
- then BCHUSD moved to higher Market State: 101 times — 48.1%
- then BCHUSD moved to lower Market State: 109 times — 51.9%
▸Current BCHUSD market energy: 8.99%
- Distance to upper bound of Neutral (at 20.88%): 11.89%
- Distance to lower bound of Neutral (at -20.88%): 29.87%
"Let data guide you, but never trust it completely" — 2AITRADING
The system just recorded BCHUSD in the Neutral energy level after the Daily candle closed.
Market movement after the Daily candle closes, Compared to the previous candle (26.1%), Market Energy dropped -17.2% to 9%.
Time in Neutral energy zone: 1 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, BCHUSD Market Energy ranged from -59.6 to +45.3.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did BCHUSD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 11-08-2023 closed, BCHUSD was at 229.1, down 1.21% from the previous candle (231.9). Market Energy was 9%, down 17.2 points from 26.1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did BCHUSD price move on this Daily candle, and how large is that historically?
BCHUSD closed at 229.1, down 1.21% from the previous Daily candle (231.9). This drop is larger than 26% of past drops on the Daily timeframe for BCHUSD, across 1,351 candles since 2019.
How did BCHUSD Market Energy change from the previous candle?
Market Energy fell 17.2 percentage points from the previous candle — from 26.1% to 9%. This drop is larger than 70% of past drops on the Daily timeframe for BCHUSD.
Do BCHUSD price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was BCHUSD in on the previous Daily candle?
The previous Daily candle had BCHUSD at 26.1%, Bull Bias — when this candle closed, BCHUSD moved down to a lower zone: Bull Bias → Neutral.
Where does BCHUSD energy sit within the Neutral zone?
At 9%, BCHUSD is 11.89 points from the upper boundary of Neutral (20.88%) and 29.87 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bear Bias with energy -36.9%; GER40 (European equities) in Neutral with energy 3.7%. Against this backdrop, BCHUSD (Neutral, 9%) has higher energy than SPX500; sits in the same state zone as GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bull Extreme with Market Energy 76%. BCHUSD energy is currently below DXY by 67 points.
See the real-time energy chart for BCHUSD.
Open Energy ChartSee the full 2AiTrading Model data for BCHUSD on the BCHUSD overview →
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