Malaysia
2025-04-28 13:19
IndustryCore Principles of Point and Figure Charting:
#CurrencyPairPrediction
Core Principles of Point and Figure Charting: This method focuses exclusively on significant price movements, disregarding the element of time. Instead of plotting price against a time axis, it tracks substantial upward and downward price changes using columns of Xs and Os, respectively. A new column only appears when the price reverses direction by a predetermined amount (the box size), effectively filtering out smaller, time-bound fluctuations to highlight meaningful price trends.
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Core Principles of Point and Figure Charting:
#CurrencyPairPrediction
Core Principles of Point and Figure Charting: This method focuses exclusively on significant price movements, disregarding the element of time. Instead of plotting price against a time axis, it tracks substantial upward and downward price changes using columns of Xs and Os, respectively. A new column only appears when the price reverses direction by a predetermined amount (the box size), effectively filtering out smaller, time-bound fluctuations to highlight meaningful price trends.
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