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Trend of Bull Bias COCOA 1H
▸When COCOA is in Bull Bias:
- then COCOA moved to higher Market State: 728 times — 44.9%
- then COCOA moved to lower Market State: 892 times — 55.1%
▸Current COCOA market energy: 45.79%
- Distance to upper bound of Bull Bias (at 60%): 14.21%
- Distance to lower bound of Bull Bias (at 20.88%): 24.91%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
COCOA classified into the energy zone leaning Bull after the 1H candle completed.
On trend energy, Market Energy reading rose +112.1%, moving from -66.3% to 45.8% after the 1H candle.
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 -99.5 to +99.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was COCOA on 1H when this candle closed?
When the 1H candle at 22:00 on 17-10-2024 closed, COCOA was in Bull Bias with Market Energy 45.8%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did COCOA Market Energy change from the previous candle?
Market Energy rose 112.1 percentage points from the previous candle — from -66.3% to 45.8%.
What state was COCOA in on the previous 1H candle?
The previous 1H candle had COCOA at -66.3%, Bear Critical — when this candle closed, COCOA moved up to a higher zone: Bear Critical → Bull Bias.
Where does COCOA energy sit within the Bull Bias zone?
At 45.8%, COCOA is 14.21 points from the upper boundary of Bull Bias (60%) and 24.91 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 Bear Bias with energy -54.2%; GER40 (European equities) in Neutral with energy 19.9%. Against this backdrop, COCOA (Bull Bias, 45.8%) has higher energy 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 41.2%. 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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