- POINT AND FIGURE CHARTS
- Point And Figure Charting Basics
- Point-And-Figure Chart
- Introduction to Point & Figure Charts
- Basic Point and Figure Chart Patterns
- Point and Figure Charts: Cup & Handle
- Point and Figure Bull & Bear Traps
- Point and Figure False Breaks
- Point and Figure Retracements
- Point and Figure Spikes
- Point and Figure Charts: Trend Reversals
- Point and Figure Charts: Triangles
- CONSTRUCTING A POINT AND FIGURE CHART
- Point and Figure Patterns
- Using Point & Figure Charts
- Point & Figure Chart
- Certification in Point & Figure Chart & P&F Chart Patterns
- Tips On Technicals – Point And Figure Charts
For a valid Point and Figure triangle there must be at least two retracements counter to the prevailing trend: two falling columns of Os in an up-trend or two rising columns of Xs in a down-trend.
Symmetrical
Ford [F] presents an example of a symmetrical triangle at [11] on the chart below.
The Point and Figure chart also presents a good example of a wide bear trap at [10].
Ascending & Descending Triangles
You will also find (bullish) ascending and (bearish) descending triangles on Point and Figure charts.
Flight Centre (Australia) presents a good example of a bullish ascending triangle on the Point and Figure chart, with equal highs and two ascending columns of Xs (with higher lows).
