TradeStation Help
The simplest way people use a Point & Figure chart is to buy whenever they see a new column of Xs and go short whenever they start a new column of Os. However, Point & Figure charts also form patterns similar to ordinary bar charts.
Some of the more common patterns are listed below:
Double Top and Bottom Point & Figure Chart Formations
Bullish and Bearish Signal Point & Figure Chart Formations
Triple Top and Bottom Point & Figure Chart Formations
Spread Triple Top and Bottom Point & Figure Chart Formations
Bullish and Bearish Catapult Point & Figure Formations
Bearish and Bullish Signal Reversed Point & Figure Formations