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| Price | ▲ 0.59% | ▲ 0.63% | ▼ 0.10% | ▼ 0.10% |
| Energy | ▲ 35.5 | ▲ 23.3 | ▼ 3.1 | ▼ 17.2 |
Trend of Bull Bias COFFEE 1H
▸When COFFEE is in Bull Bias:
- then COFFEE moved to higher Market State: 616 times — 33.2%
- then COFFEE moved to lower Market State: 1,239 times — 66.8%
▸Current COFFEE market energy: 48.47%
- Distance to upper bound of Bull Bias (at 60%): 11.53%
- Distance to lower bound of Bull Bias (at 20.88%): 27.59%
"To truly understand anything, study its history" — 2AITRADING
Bull Bias is the result just recorded for COFFEE after the 1H candle closed.
End-of-session update for 1H, Market Energy reading dropped -17.2%, moving from 65.7% to 48.5% 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, COFFEE Market Energy ranged from -87.2 to +68.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COFFEE price and energy show when this 1H candle closed?
When the 1H candle at 21:00 on 17-05-2024 closed, COFFEE was at 2.0197, down 0.1% from the previous candle (2.0216). Market Energy was 48.5%, down 17.2 points from 65.7%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did COFFEE price move on this 1H candle, and how large is that historically?
COFFEE closed at 2.0197, down 0.1% from the previous 1H candle (2.0216). This drop is larger than 14% of past drops on the 1H timeframe for COFFEE, across 12,235 candles since 2019.
How did COFFEE Market Energy change from the previous candle?
Market Energy fell 17.2 percentage points from the previous candle — from 65.7% to 48.5%. This drop is larger than 72% of past drops on the 1H timeframe for COFFEE.
Do COFFEE price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was COFFEE in on the previous 1H candle?
The previous 1H candle had COFFEE at 65.7%, Bull Critical — when this candle closed, COFFEE moved down to a lower zone: Bull Critical → Bull Bias.
Where does COFFEE energy sit within the Bull Bias zone?
At 48.5%, COFFEE is 11.53 points from the upper boundary of Bull Bias (60%) and 27.59 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 Bias with energy 24.8%; GER40 (European equities) in Bull Critical with energy 70%. Against this backdrop, COFFEE (Bull Bias, 48.5%) 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 Bear Extreme with Market Energy -98.9%. COFFEE (Bull Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for COFFEE.
Open Energy ChartSee the full 2AiTrading Model data for COFFEE on the COFFEE overview →
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