Chapter 16. Point-and-Figure Chart Patterns
Chapter Objectives
After studying this chapter, you should be familiar with
• The difference between one-point reversal and three-point reversal point-and-figure charts
• How to construct trend lines, recognize areas of consolidation, and determine the count using one-point reversal point-and-figure charts
• How to construct trend lines, recognize patterns, and determine the count using three-point reversal point-and-figure charts
Chapter Summary
Point-and-Figure Method
Point-and-figure (PF) is a very old, unique method of plotting and analyzing prices. Concentration is on price and price change without regard to when (time) or how many (volume). In this it differs from bar, candlestick, and most other ...
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