#CurrencyPairPrediction While Point and Figure charts don't have an explicit time axis like traditional time-based charts, the formation of a resistance level over multiple reversals implicitly incorporates a time element. A horizontal column of Xs that takes many columns to develop suggests that the selling pressure at that price has been persistent over a period of trading activity. This extended formation can imply a stronger and more significant resistance level compared to a similar height of Xs formed more quickly. The longer the market has interacted with and rejected higher prices at that level, the more conviction traders may have in its ability to act as future resistance. Therefore, while time isn't directly shown, the "width" of the X column (number of reversals to form it) provides an indication of the duration of the selling pressure at that price.