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Understanding P&F Charts
  Patterns and Lines
  Learn More
  Introduction
  Plotting Example

Patterns and Lines

Simple bullish buy signal
  X <--- BUY
X X
XOX
XOX
O
Simple bullish buy signal with a rising bottom (stronger)
   X <--- BUY
X X
OXOX
OXOX
O
Simple sell signal
 X
OXO
OXO
O O
O <--- SELL
Simple sell signal with a declining top (stronger)
X
XOX
XOXO
OXO
O O
O <--- SELL
Support level (the price at which most investors agree that prices will go up)
    X
X XO
X XOXO
XOXOXOX
XOXOXOXO
XOXO OXOXO
O OXOXO
O O O
+ + + support level
Resistance level (the price at which sellers typically outnumber buyers)
+ + + resistance level
X X X
XOXOXO
XOXOXOX
XOXOXOXO
XOXO OXOX
O O O
Upward trendline
    +
+ X
+ X XO
X XOXO
XOXO O
XO
Downward trendline
    X
X X XOX
XOXOXOX
O OXOX
+ O OX
+ O
+



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P: V:us D:20220127 22:51:40