# Bearish Pennant

Source: https://chartdatabase.com/research/bearish_pennant/
Markdown: https://chartdatabase.com/research/bearish_pennant.md
Bias: bearish.
Each candle timeframe is a separate sample. The HTML page opens on 1h. Correlation, Fuel, and feature-bin tables below are for that default timeframe. The comparison tables list every timeframe.

## Timeframe comparison

| TF | n | Mean up | Mean down | Up/|Down| | Hit % | BO % | BD % | SW % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 15m | 370 | 1.85 | -1.966 | 0.941 | 64.86 | 32.43 | 64.86 | 2.71 |
| 1h | 788 | 4.47 | -4.805 | 0.93 | 70.18 | 27.79 | 70.18 | 2.03 |
| 4h | 321 | 10.103 | -9.995 | 1.011 | 68.22 | 27.73 | 68.22 | 4.05 |
| 1d | 90 | 19.895 | -21.87 | 0.91 | 67.78 | 30.0 | 67.78 | 2.22 |

## Timeframe breakdown

| TF | n | Coins | Hit % | BO % | BD % | SW % | Med % | Mean % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 15m | 370 | 266 | 64.86 | 32.43 | 64.86 | 2.71 | -0.048 | -0.061 |
| 1h | 788 | 408 | 70.18 | 27.79 | 70.18 | 2.03 | -0.37 | -0.038 |
| 4h | 321 | 240 | 68.22 | 27.73 | 68.22 | 4.05 | -0.946 | 0.286 |
| 1d | 90 | 86 | 67.78 | 30.0 | 67.78 | 2.22 | -0.686 | -3.37 |

## Feature correlations (1h)

Spearman rank, within this pattern and timeframe. sig marks p < 0.05, p < 0.01, and p < 0.001.

### Breakout success

| Feature | rho | p | n | sig |
| --- | --- | --- | --- | --- |
| rsi_14 | 0.1835 | 0.0 | 788 | *** |
| extension_progress | 0.1428 | 5.8e-05 | 788 | *** |
| extension_candle_offset | 0.1407 | 7.4e-05 | 788 | *** |
| momentum_score | -0.095 | 0.00759 | 788 | * |
| current_scale_number | 0.0734 | 0.039286 | 788 | — |
| volume_score | 0.0453 | 0.203502 | 788 | — |
| geom_resistance_slope | -0.0357 | 0.316735 | 788 | — |
| geom_breakout_potential | 0.0347 | 0.330211 | 788 | — |
| geom_support_slope | -0.0057 | 0.874094 | 788 | — |
| geom_height | -0.0056 | 0.875057 | 788 | — |
| btc_dist14_mean | 0.002 | 0.955883 | 788 | — |

### Breakdown success

| Feature | rho | p | n | sig |
| --- | --- | --- | --- | --- |
| extension_progress | -0.1883 | 0.0 | 788 | *** |
| rsi_14 | -0.1854 | 0.0 | 788 | *** |
| extension_candle_offset | -0.184 | 0.0 | 788 | *** |
| momentum_score | 0.0885 | 0.012944 | 788 | * |
| current_scale_number | -0.067 | 0.060014 | 788 | — |
| geom_resistance_slope | 0.042 | 0.239078 | 788 | — |
| volume_score | -0.031 | 0.384378 | 788 | — |
| geom_breakout_potential | -0.0252 | 0.480136 | 788 | — |
| geom_height | -0.0101 | 0.777965 | 788 | — |
| geom_support_slope | -0.0068 | 0.849285 | 788 | — |
| btc_dist14_mean | 0.0028 | 0.937208 | 788 | — |

### Close return

| Feature | rho | p | n | sig |
| --- | --- | --- | --- | --- |
| current_scale_number | -0.0384 | 0.281091 | 788 | — |
| rsi_14 | 0.0324 | 0.363434 | 788 | — |
| extension_progress | -0.0274 | 0.44313 | 788 | — |
| extension_candle_offset | -0.0234 | 0.511709 | 788 | — |
| geom_height | -0.0228 | 0.522833 | 788 | — |
| geom_resistance_slope | 0.0205 | 0.565722 | 788 | — |
| volume_score | -0.0115 | 0.746799 | 788 | — |
| btc_dist14_mean | 0.0107 | 0.763191 | 788 | — |
| geom_breakout_potential | 0.0063 | 0.85947 | 788 | — |
| momentum_score | -0.0028 | 0.937988 | 788 | — |
| geom_support_slope | -0.0014 | 0.968481 | 788 | — |

### Max-up (MFE)

| Feature | rho | p | n | sig |
| --- | --- | --- | --- | --- |
| momentum_score | 0.0974 | 0.006234 | 788 | — |
| rsi_14 | 0.0883 | 0.013114 | 788 | — |
| current_scale_number | -0.0701 | 0.049083 | 788 | — |
| geom_support_slope | 0.0498 | 0.162367 | 788 | — |
| geom_resistance_slope | -0.0481 | 0.177312 | 788 | — |
| geom_breakout_potential | -0.045 | 0.207358 | 788 | — |
| volume_score | -0.0397 | 0.266117 | 788 | — |
| geom_height | 0.0358 | 0.315715 | 788 | — |
| extension_candle_offset | -0.0068 | 0.847807 | 788 | — |
| extension_progress | -0.0025 | 0.944612 | 788 | — |
| btc_dist14_mean | 0.0016 | 0.964509 | 788 | — |

### Max-down (MAE)

| Feature | rho | p | n | sig |
| --- | --- | --- | --- | --- |
| momentum_score | -0.1324 | 0.000193 | 788 | ** |
| rsi_14 | 0.0788 | 0.027064 | 788 | — |
| current_scale_number | -0.0718 | 0.043905 | 788 | — |
| geom_height | -0.0616 | 0.084052 | 788 | — |
| volume_score | -0.0592 | 0.096932 | 788 | — |
| geom_support_slope | -0.0436 | 0.221807 | 788 | — |
| geom_resistance_slope | 0.0415 | 0.24412 | 788 | — |
| geom_breakout_potential | 0.0313 | 0.379869 | 788 | — |
| btc_dist14_mean | -0.0278 | 0.436563 | 788 | — |
| extension_candle_offset | 0.0027 | 0.938958 | 788 | — |
| extension_progress | 0.0017 | 0.961301 | 788 | — |

## Fuel zones (1h)

### volume score

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % | FM % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Dead Water | 0.00–0.33 | 838 | 4.811 | -4.743 | 28.04 | 68.74 | 1.67 | 1.55 |
| Organic Flow | 0.34–0.66 | 287 | 4.256 | -4.533 | 33.45 | 64.11 | 0.35 | 2.09 |
| The Powder Keg | 0.67–1.00 | 44 | 3.471 | -3.737 | 34.09 | 59.09 | 2.27 | 4.55 |

### momentum score

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % | FM % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Organic Flow | 0.34–0.66 | 965 | 4.521 | -4.4 | 31.92 | 65.08 | 1.24 | 1.76 |
| The Powder Keg | 0.67–1.00 | 204 | 5.11 | -5.854 | 18.63 | 77.45 | 1.96 | 1.96 |

## Feature bins (1h)

### rsi 14

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % | FM % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 10–30 | 10–30 | 86 | 4.182 | -5.213 | 26.74 | 68.6 | 2.33 | 2.33 |
| 30–50 | 30–50 | 1052 | 4.676 | -4.622 | 29.28 | 67.68 | 1.23 | 1.81 |
| 50–70 | 50–70 | 31 | 4.093 | -4.169 | 48.39 | 48.39 | 3.22 | 0.0 |

### height

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Typical | -0.435 – 1.79 | 741 | 4.544 | -4.86 | 26.32 | 71.52 | 2.16 |
| Extreme | 5.2 – 1.9e+03 | 33 | 3.285 | -3.47 | 54.55 | 45.45 | 0.0 |

### Formation age

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % | FM % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Typical | -0.0197 – 0.073 | 994 | 4.56 | -4.448 | 28.57 | 68.81 | 0.81 | 1.81 |
| Elevated | 0.073 – 0.123 | 119 | 4.22 | -5.821 | 36.97 | 56.3 | 4.21 | 2.52 |
| Extreme | 0.123 – 0.389 | 56 | 6.629 | -5.824 | 32.14 | 62.5 | 5.36 | 0.0 |

### breakout potential

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Q1 | 0.599 – 0.8 | 767 | 4.483 | -4.853 | 26.99 | 70.93 | 2.08 |
| Q2 | 0.8 – 1 | 21 | 3.989 | -3.055 | 57.14 | 42.86 | 0.0 |

### resistance slope

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Q1 | -63.2 – -0.00154 | 197 | 4.295 | -4.985 | 30.46 | 67.51 | 2.03 |
| Q2 | -0.00154 – -0.000181 | 197 | 5.668 | -5.62 | 24.37 | 72.59 | 3.04 |
| Q3 | -0.000181 – -3.33e-05 | 208 | 4.24 | -4.161 | 29.33 | 68.27 | 2.4 |
| Q4 | -3.33e-05 – -5e-08 | 186 | 3.645 | -4.473 | 26.88 | 72.58 | 0.54 |

### support slope

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Q1 | -0.001 – 0.000102 | 197 | 3.611 | -4.466 | 29.95 | 69.54 | 0.51 |
| Q2 | 0.000102 – 0.000556 | 197 | 3.88 | -4.799 | 25.38 | 72.59 | 2.03 |
| Q3 | 0.000556 – 0.00451 | 197 | 6.102 | -4.549 | 30.46 | 65.99 | 3.55 |
| Q4 | 0.00451 – 197 | 197 | 4.288 | -5.407 | 25.38 | 72.59 | 2.03 |

### btc mean

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % | FM % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Q1 | -4.11 – -0.225 | 293 | 5.483 | -4.502 | 28.67 | 66.21 | 2.39 | 2.73 |
| Q2 | -0.225 – 0.151 | 292 | 4.847 | -3.92 | 32.19 | 65.75 | 0.69 | 1.37 |
| Q3 | 0.151 – 0.599 | 292 | 4.009 | -5.183 | 26.71 | 72.26 | 0.69 | 0.34 |
| Q4 | 0.599 – 5.34 | 292 | 4.155 | -5.009 | 30.82 | 64.73 | 1.71 | 2.74 |

### Pattern scale

| Bin | Range | n | Mean up | Mean down | BO % | BD % | SW % | FM % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Q1 | -5.13e+12 – -1.46 | 293 | 5.109 | -4.212 | 28.33 | 69.28 | 2.39 | 0.0 |
| Q2 | -1.46 – -0.429 | 292 | 5.186 | -5.134 | 27.4 | 69.52 | 1.03 | 2.05 |
| Q3 | -0.429 – -0.0911 | 292 | 4.13 | -4.593 | 25.68 | 71.23 | 1.04 | 2.05 |
| Q4 | -0.0911 – 55.1 | 292 | 4.069 | -4.676 | 36.99 | 58.9 | 1.03 | 3.08 |