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Trend of Bear Extreme NEARUSD 1H
▸When NEARUSD is in Bear Extreme:
- then NEARUSD moved to higher Market State: 923 times — 100%
- then NEARUSD moved to lower Market State: 0 times — 0%
▸Current NEARUSD market energy: -99.72%
- Distance to upper bound of Bear Extreme (at -74.5%): 25.22%
- Distance to bottom -100%: 0.28%
"Does history really repeat itself?" — 2AITRADING
After the system processes the 1H candle, NEARUSD noted at the Bear Extreme level.
On the measurement side, Market Energy unchanged from the previous candle, held at -99.7%.
Time in Bear Extreme 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.
Not enough data in the past 5 days to show a range.
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What did NEARUSD price and energy show when this 1H candle closed?
When the 1H candle at 13:00 on 14-10-2020 closed, NEARUSD had Market Energy -99.7%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
Where does NEARUSD energy sit within the Bear Extreme zone?
At -99.7%, NEARUSD is 25.22 points from the upper boundary of Bear Extreme (-74.5%) and 0.28 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.
What does Bear Extreme mean?
Bear Extreme 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 Extreme 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 Neutral with energy -5.7%; GER40 (European equities) in Neutral with energy 15.4%. Against this backdrop, NEARUSD (Bear Extreme, -99.7%) 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 51.8%. NEARUSD (Bear Extreme) and DXY currently sit on opposite sides.
See the real-time energy chart for NEARUSD.
Open Energy ChartSee the full 2AiTrading Model data for NEARUSD on the NEARUSD overview →
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