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| Price | ▼ 0.17% | ▼ 0.06% | ▲ 0.32% | ▼ 0.60% |
| Energy | ▼ 5.5 | ▼ 8.4 | ▲ 0.9 | ▼ 14.0 |
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: 56.44%
- Distance to upper bound of Bull Bias (at 60%): 3.56%
- Distance to lower bound of Bull Bias (at 20.88%): 35.56%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Observing the completed 1H candle, COCOA currently in Bull Bias.
End-of-session update for 1H, The energy level dropped -14%: from 70.4% now at 56.4%.
Time in Bull 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, COCOA Market Energy ranged from -99.4 to +83.5.
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 16:00 on 18-12-2020 closed, COCOA was at 2,657, down 0.6% from the previous candle (2,673). Market Energy was 56.4%, down 14.0 points from 70.4%, 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 2,657, down 0.6% from the previous 1H candle (2,673). This drop is larger than 80% of past drops on the 1H timeframe for COCOA, across 4,862 candles since 2019.
How did COCOA Market Energy change from the previous candle?
Market Energy fell 14 percentage points from the previous candle — from 70.4% to 56.4%. This drop is larger than 61% of past drops on the 1H timeframe for COCOA.
Do COCOA price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. 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 70.4%, Bull Critical — when this candle closed, COCOA moved down to a lower zone: Bull Critical → Bull Bias.
Where does COCOA energy sit within the Bull Bias zone?
At 56.4%, COCOA is 3.56 points from the upper boundary of Bull Bias (60%) and 35.56 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Critical with energy 67.5%; GER40 (European equities) in Bull Critical with energy 61.5%. Against this backdrop, COCOA (Bull Bias, 56.4%) 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 Bull Bias with Market Energy 33.2%. 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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