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| Price | ▼ 1.14% | ▲ 1.03% | ▼ 11.21% | ▲ 20.16% |
| Energy | ▲ 2.8 | ▼ 2.7 | ▼ 25.7 | ▲ 19.2 |
Trend of Bull Bias BCHUSD Weekly
▸When BCHUSD is in Bull Bias:
- then BCHUSD moved to higher Market State: 10 times — 33.3%
- then BCHUSD moved to lower Market State: 20 times — 66.7%
▸Current BCHUSD market energy: 38.05%
- Distance to upper bound of Bull Bias (at 60%): 21.95%
- Distance to lower bound of Bull Bias (at 20.88%): 17.17%
"History always repeats itself, one way or another" — 2AITRADING
From the just-closed Weekly candle data, BCHUSD noted at the energy state leaning Bull.
Observing the BCHUSD market this session, The energy level rose +19.2%: from 18.8% now at 38%.
Time in Bull Bias energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did BCHUSD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 16-11-2020 closed, BCHUSD was at 288.91, up 20.16% from the previous candle (240.43). Market Energy was 38%, up 19.2 points from 18.8%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did BCHUSD price move on this Weekly candle, and how large is that historically?
BCHUSD closed at 288.91, up 20.16% from the previous Weekly candle (240.43). This rise is larger than 91% of past rises on the Weekly timeframe for BCHUSD, across 50 candles since 2019.
How did BCHUSD Market Energy change from the previous candle?
Market Energy rose 19.2 percentage points from the previous candle — from 18.8% to 38%. This rise is larger than 73% of past rises on the Weekly timeframe for BCHUSD.
Do BCHUSD price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. This describes the candle that just closed; it does not say where price goes next.
What state was BCHUSD in on the previous Weekly candle?
The previous Weekly candle had BCHUSD at 18.8%, Neutral — when this candle closed, BCHUSD moved up to a higher zone: Neutral → Bull Bias.
Where does BCHUSD energy sit within the Bull Bias zone?
At 38%, BCHUSD is 21.95 points from the upper boundary of Bull Bias (60%) and 17.17 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Bias 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 Bull Extreme with energy 97.4%; GER40 (European equities) in Bull Bias with energy 51.7%. Against this backdrop, BCHUSD (Bull Bias, 38%) lower 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 Bear Bias with Market Energy -48.7%. BCHUSD (Bull Bias) and DXY currently sit on opposite sides.
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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