Bearish Engulfing
A falling candle whose body completely covers the body of the previous rising candle.
The mirror of the bullish engulfing, and read as the same event in the other direction. Its reputation is stronger than most, and its measured record is the place to check whether the reputation is earned.
What a bearish engulfing has actually done
Every occurrence we hold, scored on whether price moved more than 0.5% in the pattern’s own direction within three candles.
| Timeframe | Occurrences | Reached target | Baseline | Edge |
|---|---|---|---|---|
| 1H · crypto | 5,200 | 34.3% | 22.7% | +11.6pp |
| 4H · crypto | 4,424 | 36.8% | 37.4% | -0.6pp |
| 1D · crypto | 2,702 | 41.3% | 48.6% | -7.3pp |
Baseline is the share of ordinary candles that passed the same test over the same period, same timeframe and same direction. A rate at or below it means the shape added nothing. Edge is the difference between the two. This is a record of what followed, not a forecast.