Analysis

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Price and energy
NEARUSD from 7.397 to 7.437, up 0.54%
Market Energy Bull Extreme 88.5% to Bull Extreme 100.0%, up 11.5 pts
Up candle #3 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.20%0.30%3.95%0.54%
Energy7.412.4142.311.5
Volatility trend chart · last 4 sessions
0.20% 0.30% 3.95% 0.54% 7.4 12.4 142.3 11.5
priceenergy up · down
Volatility · vs history since 2019
Price up 0.54% — higher than 24% of past rises
0%255075100%
Energy up 11.5 pts — higher than 58% of past rises
RESEARCH

Trend of Bull Extreme NEARUSD 4H

Sample: 12,958 4H candles from 2020-10-14 to 2026-09-12
Number of Bull Extreme occurrences: 334 times

When NEARUSD is in Bull Extreme:

  • then NEARUSD moved to higher Market State: 0 times0%
  • then NEARUSD moved to lower Market State: 334 times100%

Current NEARUSD market energy: 99.96%

  • Distance to peak 100%: 0.04%
  • Distance to lower bound of Bull Extreme (at 74.5%): 25.46%

"History always repeats itself, one way or another" — 2AITRADING

NEARUSD · H4 · 2024-06-04 16:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
88.5%
Bull Extreme
100.0%
Bull Extreme
96.9%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

NEARUSD recorded in the peak Bull energy state as the 4H candle ended.

The energy side shows Market Energy rose +11.5% from the previous session, from 88.5% to 100%.

Time in Bull Extreme energy zone: 2 4H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, NEARUSD Market Energy ranged from -82.8 to +100.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did NEARUSD price and energy show when this 4H candle closed?

When the 4H candle at 23:00 on 04-06-2024 closed, NEARUSD was at 7.437, up 0.54% from the previous candle (7.397). Market Energy was 100%, up 11.5 points from 88.5%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

How much did NEARUSD price move on this 4H candle, and how large is that historically?

NEARUSD closed at 7.437, up 0.54% from the previous 4H candle (7.397). This rise is larger than 24% of past rises on the 4H timeframe for NEARUSD, across 7,976 candles since 2019.

How did NEARUSD Market Energy change from the previous candle?

Market Energy rose 11.5 percentage points from the previous candle — from 88.5% to 100%. This rise is larger than 58% of past rises on the 4H timeframe for NEARUSD.

Do NEARUSD price and energy agree?

Yes. Both price and energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.

What state was NEARUSD in on the previous 4H candle?

The previous 4H candle had NEARUSD at 88.5%, Bull Extreme — this candle kept the same state, no zone change.

Where does NEARUSD energy sit within the Bull Extreme zone?

At 100%, NEARUSD is 0.04 points from the upper boundary of Bull Extreme (100%) and 25.46 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bull Extreme mean?

Bull 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 Bull 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 Bear Bias with energy -32.7%; GER40 (European equities) in Bear Extreme with energy -80.6%. Against this backdrop, NEARUSD (Bull Extreme, 100%) 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 Bear Bias with Market Energy -42.8%. NEARUSD (Bull Extreme) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for NEARUSD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for NEARUSD on the NEARUSD overview →

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