Point & Figure

Point & Figure

  • Point & Figure Charts
    Point and Figure charts are used to identify support levels, resistance and chart patterns. Point and Figure ignores the time factor and concentrate solely on movements in price.
  • Point & Figure Charting Guide
    Suitable Point & Figure settings: log or normal scale; box size and reversal amounts; and pricing method.
  • Point & Figure Setup
    Create custom Point and Figure chart s from the Indicator Panel.

Point & Figure Patterns

  • Basic Point & Figure Patterns
    Basic Point and Figure chart patterns: Support and resistance, trendlines, breakouts, bullish and bearish signals.
  • Bull & Bear Traps
    One of the most reliable Point and Figure chart patterns, Bull Traps occur when an upward breakout retreats back below the new support level.
  • Cup & Handle
    Identify the cup and handle pattern on Point and Figure charts. Popularized by William J O'Neill (How To Make Money In Stocks).
  • False Breaks
    Similar to Point and Figure bull and bear traps, false (or marginal) breaks occur at minor support levels (from a previous low) or minor resistance.
  • Bull & Bear Traps - Primary Index
    Upward breakouts in a primary down-trend are notoriously unreliable.
  • Retracements
    Retracements (or corrections), during a Point and Figure trend, tell us about the strength of the trend.
  • Spikes
    An upward Point and Figure spike is where a rally exceeds the previous column of Xs by at least 10 boxes.
  • Trend Reversals
    After a Point and Figure up-trend, marginal new highs (especially where accompanied by equal or lower lows) indicate a loss of momentum.
  • Triangles
    For a valid Point and Figure triangle there must be at least two retracements counter to the prevailing trend.

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