Point & FigurePoint & 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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