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| Price | ▼ 0.06% | ▼ 0.48% | ▼ 0.58% | ▲ 0.35% |
| Energy | ▲ 3.0 | ▼ 12.9 | ▼ 45.2 | ▼ 0.6 |
Trend of Bull Bias COCOA 1H
▸When COCOA is in Bull Bias:
- then COCOA moved to higher Market State: 736 times — 44.8%
- then COCOA moved to lower Market State: 907 times — 55.2%
▸Current COCOA market energy: 30.5%
- Distance to upper bound of Bull Bias (at 60%): 29.5%
- Distance to lower bound of Bull Bias (at 20.88%): 9.62%
"Does history really repeat itself?" — 2AITRADING
Observing the completed 1H candle, COCOA shows the Bull trend energy zone.
Per the 2AI model, Compared to the previous candle (31.1%), Market Energy dropped -0.6% to 30.5%.
Time in Bull Bias energy zone: 2 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, COCOA Market Energy ranged from -100 to +89.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COCOA price and energy show when this 1H candle closed?
When the 1H candle at 17:00 on 09-09-2020 closed, COCOA was at 2,582, up 0.35% from the previous candle (2,573). Market Energy was 30.5%, down 0.6 points from 31.1%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did COCOA price move on this 1H candle, and how large is that historically?
COCOA closed at 2,582, up 0.35% from the previous 1H candle (2,573). This rise is larger than 62% of past rises on the 1H timeframe for COCOA, across 4,160 candles since 2019.
How did COCOA Market Energy change from the previous candle?
Market Energy fell 0.6 percentage points from the previous candle — from 31.1% to 30.5%. This drop is larger than 6% of past drops on the 1H timeframe for COCOA.
Do COCOA price and energy agree?
No. This candle recorded a price rise with energy moving the other way. This describes the candle that just closed; it does not say where price goes next.
What state was COCOA in on the previous 1H candle?
The previous 1H candle had COCOA at 31.1%, Bull Bias — this candle kept the same state, no zone change.
Where does COCOA energy sit within the Bull Bias zone?
At 30.5%, COCOA is 29.5 points from the upper boundary of Bull Bias (60%) and 9.62 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 Bias with energy 53.4%; GER40 (European equities) in Bull Critical with energy 72.9%. Against this backdrop, COCOA (Bull Bias, 30.5%) lower than GER40; sits in the same state zone as SPX500.
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 Critical with Market Energy 66.6%. COCOA (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for COCOA.
Open Energy ChartSee the full 2AiTrading Model data for COCOA on the COCOA overview →
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