Does the Bearish Engulfing work on BNB?

On BNB's daily chart, after a bearish engulfing BNB fell within 7 days 44% of the time across 133 past cases. On an ordinary day it did so 47% of the time.

No edge: a coin flipIndistinguishable from an ordinary day on this coin. Most patterns land here.
On BNBNo edge
44% of 133 casesbaseline 47%
All coinsNo edge
55% of 15,763 casesbaseline 54%
Median move after the pattern -0.27% vs -0.46% from any bar; after a 0.2% round trip of fees -0.47%.

Daily chart

WithinBNBOrdinary barCasesAll coinsVerdict
24 hours45% (37%–52%)48%17550% vs 51%No edge
30 days44% (33%–56%)43%6657% vs 58%No edge
7 days44% (36%–53%)47%13355% vs 54%No edge

4-hour chart

WithinBNBOrdinary barCasesAll coinsVerdict
24 hours45% (42%–49%)47%74548% vs 50%No edge
7 days52% (46%–58%)47%26451% vs 51%No edge

1-hour chart

WithinBNBOrdinary barCasesAll coinsVerdict
24 hours47% (44%–50%)47%90849% vs 50%No edge
4 hours47% (45%–49%)48%196647% vs 49%No edge

How this is measured: each occurrence is counted from the bar where the pattern became knowable, overlapping cases are dropped, and the result is compared with how often BNB moved the same way from any random bar over the same window. A pattern only earns "beat the baseline" when the difference is larger than luck explains across all the tests we run. Full method.

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