Does the Bullish Engulfing work on BNB?

On BNB's daily chart, after a bullish engulfing BNB rose within 7 days 52% of the time across 113 past cases. On an ordinary day it did so 53% of the time.

No edge: a coin flipIndistinguishable from an ordinary day on this coin. Most patterns land here.
On BNBNo edge
52% of 113 casesbaseline 53%
All coinsNo edge
45% of 14,571 casesbaseline 46%
Median move after the pattern +0.36% vs +0.46% from any bar; after a 0.2% round trip of fees +0.16%.

Daily chart

WithinBNBOrdinary barCasesAll coinsVerdict
24 hours47% (39%–55%)52%14248% vs 48%No edge
30 days53% (41%–65%)56%6243% vs 42%No edge
7 days52% (43%–61%)53%11345% vs 46%No edge

4-hour chart

WithinBNBOrdinary barCasesAll coinsVerdict
24 hours48% (45%–52%)52%63148% vs 49%No edge
7 days51% (45%–57%)53%25248% vs 48%No edge

1-hour chart

WithinBNBOrdinary barCasesAll coinsVerdict
24 hours53% (50%–57%)52%80149% vs 50%No edge
4 hours51% (49%–53%)51%161848% vs 50%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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