🌟🌹 🇪🇹🇪🇷🇳🇮🇹🇾 🌟🌹: Point and Figure Analysis

Point and Figure Analysis

Point and Figure is an age old charting technique that does plot time and volume. It only plots price in tabular form with column of Xs for the rise and price and column of Os for the fall.

P&F Patterns

Double Top Buy Signal

Double Top Buy signal is a bullish pattern where current column of ‘X’ goes above previous column of ‘X’

Double Bottom Sell Signal

Double Bottom Sell signal is a bearish pattern where current column of ‘O’ goes below previous column of ‘O’

Triple Top Buy Signal

Triple Top Buy signal is a Five column bullish pattern where third column of ‘X’ breaks above prior two columns of ‘X’ with equal reaction highs

Triple Bottom Sell Signal

Triple Bottom Sell is a Five column bearish pattern where third columns of ‘O’ breaks below prior two columns of ‘O’ with equal reaction lows

Catapult Buy Signal

Catapult Buy is a seven columns bullish pattern where Double Top Buy signal occurs immediately after Triple Top Buy signal

Catapult Sell Signal

Catapult Sell Signal is a seven columns bearish pattern where Double Bottom Sell signal occurs immediately after Triple Bottom Sell signal

Bull Trap

Bull Trap is a four columns bearish pattern where Double Bottom Sell pattern is occurred immediately after Double top buy pattern

Bear Trap

Bear Trap is a four columns bullish pattern where Double Top buy pattern occurs immediately after Double Bottom sell pattern

Bullish Broadening Pattern

Bullish Broadening is a five column bullish pattern where Double Top Buy pattern occurs immediately after Bull Trap pattern. It actually becomes Bear Trap followed by Bull Trap

Bearish Broadening Pattern

Bearish Broadening is a five columns bearish pattern where Double Bottom Sell pattern occurs immediately after Bear Trap pattern. It actually becomes Bull Trap followed by Bear Trap

High Pole

High Pole is a bearish reversal pattern where long column of ‘X’ is been retraced by next column of ‘O’ by more than 50%

Low Pole

Low Pole is a bullish reversal pattern where long column of ‘O’ is been retraced by next column of ‘X’ by more than 50%

Double Top Buy after Support

Double Top Buy after support is a five column bullish pattern where Double Top buy pattern occurs after consecutive columns of ‘O’ confirmed the support at the same level

Double Bottom Sell after Resistance

Double Bottom Sell after resistance is a five column bearish pattern where Double Bottom Sell pattern occurs after consecutive columns of ‘X’ confirmed the resistance at the same level

Rising Bottom Double Top Buy

Rising Bottom Double Top Buy is another variation of Double Top Buy Pattern where Double Top buy signal occurs when bottom of previous column of ‘O’ is a rising bottom

Falling Top Double Bottom Sell Signal

Falling Top Double Bottom Sell is another variation of Double Bottom Sell Pattern where Double Bottom Sell signal occurs when top of previous column of ‘X’ is a falling top

Rising Bottom Triple Top Buy

Rising Bottom Triple Top Buy generates Triple Top buy signal when bottom of previous column of ‘O’ is a rising bottom

Falling Top Triple Bottom Sell Signal

Falling Top Triple Bottom Sell generates Triple Bottom Sell signal when top of previous column of ‘X’ is a falling top

Diagnoal Triple Top

Diagonal Triple Top is a five columns bullish pattern where Double Top buy pattern occurs immediately after Double Top Buy pattern provided previous column of ‘O’ has not generated Double Bottom Sell Signal

Diagnoal Triple Bottom

Diagonal Triple Bottom is a five columns bearish pattern where Double Bottom Sell pattern occurs immediately after Double Bottom Sell pattern provided previous column of ‘X’ has not generated Double Top Buy Signal

Bearish Pattern that Reversed

Bearish Pattern that reversed is a seven columns bullish pattern where Double Top buy signal occurs after series of falling tops & bottoms

Bullish Pattern that Reversed

Bullish Pattern that reversed is a seven columns bearish pattern where Double Bottom Sell signal occurs after series of rising tops & bottoms

Bull Trap Variation

Bull Tap variation is a six columns bearish pattern where Double Bottom sell signal occurs when previous column of ‘X’ has failed to rise above its previous column of ‘X’ which is a Double Top Buy pattern

Bear Trap Variation

Bear Trap variation is a six columns bullish pattern where Double Top buy signal occurs when previous column of ‘O’ has failed to fall below its previous column of ‘O’ which is a Double Bottom sell pattern

Long Tail down