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Trend of Bear Bias CADCHF 1H
▸When CADCHF is in Bear Bias:
- then CADCHF moved to higher Market State: 3,042 times — 72.2%
- then CADCHF moved to lower Market State: 1,173 times — 27.8%
▸Current CADCHF market energy: -25.13%
- Distance to upper bound of Bear Bias (at -20.88%): 4.25%
- Distance to lower bound of Bear Bias (at -60%): 34.87%
"To truly understand anything, study its history" — 2AITRADING
Reading from the 1H candle, CADCHF reflects the energy state leaning Bear.
Market energy measurement Market Energy dropped -13.9% this candle, currently -25.1% (previous candle -11.3%).
Time in Bear Bias energy zone: 1 1H 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, CADCHF Market Energy ranged from -69.7 to +88.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was CADCHF on 1H when this candle closed?
When the 1H candle at 17:00 on 20-05-2024 closed, CADCHF was in Bear Bias with Market Energy -25.1%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did CADCHF Market Energy change from the previous candle?
Market Energy fell 13.9 percentage points from the previous candle — from -11.3% to -25.1%.
What state was CADCHF in on the previous 1H candle?
The previous 1H candle had CADCHF at -11.3%, Neutral — when this candle closed, CADCHF moved down to a lower zone: Neutral → Bear Bias.
Where does CADCHF energy sit within the Bear Bias zone?
At -25.1%, CADCHF is 4.25 points from the upper boundary of Bear Bias (-20.88%) and 34.87 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Bias with energy 48%; GER40 (European equities) in Bull Critical with energy 67.1%. Against this backdrop, CADCHF (Bear Bias, -25.1%) lower than SPX500, 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 Neutral with Market Energy 13.3%. CADCHF energy is currently below DXY by 38.4 points.
See the real-time energy chart for CADCHF.
Open Energy ChartSee the full 2AiTrading Model data for CADCHF on the CADCHF overview →
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