Point and Figure Charts

Reversal patterns in 1 -box charts

From the last unit, we have a better understanding of the usability of Point and Figure charts in technical analysis. Now, let us learn a reversal pattern in 1-box charts.

 

In 1 -box charts, continuation and reversal patterns have different names. As we have seen, continuation patterns are called semi-catapults but reversal patterns are called fulcrums and  they take on many forms.

 


Variations in bullish fulcrum patterns in 1 -box charts.

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Units 8/28