Sample P&F Patterns
Rick Jemison has recognized and defined a large number of patterns that have guided his trading of point and figure charts. Only three such patterns have been listed.
(1). “The Reverse h” — This 3-column swing lower case h to the down side is one of the most powerful patterns in P&F charting. It is second only to a price move straight down. This pattern consistently signals a sustained move to follow.
The Reverse h Pattern
(2). “The Hanging Triangle” — In this formation the P&F holding pattern forms a triangle. As the triangle breaks to the down side it forms a lower case h down — a very bearish signal.
The Hanging Triangle
(3). “The Reverse h Up Pattern — Utilizing the same strong 3-column swing lower case h pattern, the Reverse h Up signifies the exhaustion of a move down and the beginning of a substantial move higher. This is a very bullish indicator.
The Reverse h Up Pattern
Rick has recognized and defined a large number of patterns that have guided his trading of point and figure charts. Only three such patterns have been shown. To learn more and work personally with Rick utilizing this dynamic charting and trading newsletter please sign up below.
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