Point-and-figure charts differ from all other charts used by technical analysts in two ways. They have no time scale and are constructed with Xs and Os instead of lines or bars. They are, however, the ...
Point and Figure has been around for over 130 years and the method is just as essential for chart analysis today as it always has been. While the basic principles of the technique have remained ...
Only three columns are required to identify a double top or double bottom. These signals show only that the stock price has reached a higher high or lower low and that the momentum is likely to ...
Crude oil prices may not rise above $84 a barrel because increases lose momentum around that level, according to technical charts used by traders. A resistance channel has formed between $82 and $84 a ...
Bitcoin’s had a nice spike higher on the heels of Ethereum’s big breakout. There are two diagonal red trendlines which indicate the primary trendline (furthest to the right and an inner trendline ...
In this series of Noiseless Charts Master Class, Prashant Shah, Co-Founder, Definedge, will cover all concepts on Point and Figure methodology Point, figure charts move if market moves: Updata's ...