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| Price | ▼ 0.34% | ▼ 0.17% | ▲ 0.74% | ▼ 1.39% |
| Energy | ▼ 7.3 | ▼ 12.4 | ▲ 10.2 | ▼ 49.7 |
Trend of Bear Bias NEARUSD 1H
▸When NEARUSD is in Bear Bias:
- then NEARUSD moved to higher Market State: 2,776 times — 70.4%
- then NEARUSD moved to lower Market State: 1,167 times — 29.6%
▸Current NEARUSD market energy: -24.34%
- Distance to upper bound of Bear Bias (at -20.88%): 3.46%
- Distance to lower bound of Bear Bias (at -60%): 35.66%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Right as the 1H candle closes, NEARUSD in energy leaning Bear.
On the 2AiTrading energy system, Market trend energy recorded a -49.7% drop from the previous candle, from 25.4% to -24.3%.
Time in Bear 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, NEARUSD Market Energy ranged from -79.4 to +92.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did NEARUSD price and energy show when this 1H candle closed?
When the 1H candle at 16:00 on 05-11-2021 closed, NEARUSD was at 10.625, down 1.39% from the previous candle (10.775). Market Energy was -24.3%, down 49.7 points from 25.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did NEARUSD price move on this 1H candle, and how large is that historically?
NEARUSD closed at 10.625, down 1.39% from the previous 1H candle (10.775). This drop is larger than 67% of past drops on the 1H timeframe for NEARUSD, across 9,272 candles since 2019.
How did NEARUSD Market Energy change from the previous candle?
Market Energy fell 49.7 percentage points from the previous candle — from 25.4% to -24.3%. This drop is larger than 95% of past drops on the 1H timeframe for NEARUSD.
Do NEARUSD price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was NEARUSD in on the previous 1H candle?
The previous 1H candle had NEARUSD at 25.4%, Bull Bias — when this candle closed, NEARUSD moved down to a lower zone: Bull Bias → Bear Bias.
Where does NEARUSD energy sit within the Bear Bias zone?
At -24.3%, NEARUSD is 3.46 points from the upper boundary of Bear Bias (-20.88%) and 35.66 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Extreme with energy 93.2%; GER40 (European equities) in Bull Extreme with energy 86.3%. Against this backdrop, NEARUSD (Bear Bias, -24.3%) 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 Extreme with Market Energy 99.8%. NEARUSD (Bear Bias) 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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