Monday 16 November 2015

Point and Figure – Long Tail Down

A Long Tail Down must have at least twenty Os down. A buy signal is given whenever there is a 3 box upside reversal. A stop-loss can be pla... Read More

Point and Figure – Bullish and Bearish Catapult Formations

Bullish Catapult The Point and Figure Bullish Catapult consists of three main characteristics. i) The battle between buyers and sellers... Read More

Point and Figure – Bullish and Bearish Triangle Formations

Both triangle formations consist of higher bottoms and lower tops, generally with all prices contained between the bullish support and bear... Read More

Point and Figure – Triple Top and Triple Bottom Formation

This pattern occurs when a series of 2 or more tops or bottoms is penetrated. Generally this is formed by 5 vertical columns, however it is... Read More

Point and Figure – Double Top and Double Bottom Formation

Double Top and Double Bottom formations are the most basic of chart patterns. A Double Top is formed when a high is followed by a decline, ... Read More

Abandoned Baby Bottom

Abandoned Baby Bottom is a three bar bullish trend reversal Candlestick pattern which is more similar to Morning Star. It is more reliable,... Read More

Abandoned Baby Top

Abandoned Baby Top is a three bar bearish trend reversal Candlestick pattern which is more similar to Evening Star. It is more reliable, wh... Read More