Analysis

COCOA 5,932 ↑1.89%: Bulls have the edge · 4H 00:00 Oct 22, 2026

·
Candle close
Price and energy
Open 5,821.5 · High 5,940.5 · Low 5,784 · Close 5,932 · Range (high − low) 156.5
COCOA closed at 5,932, up 110 (+1.89%) from 5,822.
Bull–Bear energy behind the price: the market moved from the Bull Bias zone at 21.3% to Bull Bias at 51.2%, up 29.9 points.
Price and energy are moving up together.
Price and energy · last 4 candles
Price5,957.65,852.65,8225,932
Energy45.8%38.0%21.3%51.2%
Price change↑ 3.20%↓ 1.76%↓ 0.52%↑ 1.89%
Energy change↑ 109.6↓ 7.8↓ 16.7↑ 29.9
Volatility trend chart · last 4 sessions
↑ 3.20%↓ 1.76%↓ 0.52%↑ 1.89%↑ 109.6↓ 7.8↓ 16.7↑ 29.9
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 1.89% — higher than 61% of past rises
0%255075100%
Energy up 29.9 pts — higher than 83% of past rises
Knowledge

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

RESEARCH

Trend of Bull Bias COCOA 4H

Sample: 126 4H candles from 2026-07-23 to 2026-10-21
Number of Bull Bias occurrences: 10 times

▸When COCOA is in Bull Bias:

  • then COCOA moved to higher Market State: 3 times — 30%
  • then COCOA moved to lower Market State: 7 times — 70%

▸Current COCOA market energy: 51.2%

  • Distance to upper bound of Bull Bias (at 60%): 8.8%
  • Distance to lower bound of Bull Bias (at 20.88%): 30.32%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

COCOA · H4 · 2026-10-21 13:00 UTC
Preview the last 30 candles — price and energy
View live COCOA chart →
Market Energy
21.3%
Bull Bias
51.2%
Bull Bias
6.0%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

After the system processes the 4H candle, COCOA in the Bull Bias zone.

Looking at the Market Energy reading, Market Energy at 51.2%, up +29.9% from 21.3% in the previous candle.

Time in Bull Bias energy zone: 4 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, COCOA Market Energy ranged from -80.6 to 51.2.

Frequently asked questions

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

When the 4H candle closed at 00:00 on 21-10-2026, COCOA was at 5,932, up 1.89% from the previous candle (5,822). Market Energy was 51.2%, up 29.9 points from 21.3%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

COCOA closed at 5,932, up 1.89% from the previous 4H candle (5,822). This rise is larger than 61% of past rises on the 4H timeframe for COCOA, across 125 candles since 2019.

How did COCOA Market Energy change from the previous candle?

Market Energy rose 29.9 percentage points from the previous candle — from 21.3% to 51.2%. This rise is larger than 83% of past rises on the 4H timeframe for COCOA.

Do COCOA 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 COCOA in on the previous 4H candle?

The previous 4H candle had COCOA at 21.3%, Bull Bias — this candle kept the same state, no zone change.

Where does COCOA energy sit within the Bull Bias zone?

At 51.2%, COCOA is 8.8 points from the upper boundary of Bull Bias (60%) and 30.32 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 Neutral with energy 13.2%; GER40 (European equities) in Bull Extreme with energy 98.5%. Against this backdrop, COCOA (Bull Bias, 51.2%) has higher energy than SPX500; lower than 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 -32.4%. COCOA (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for COCOA.

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 COCOA on the COCOA overview →

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