My initial interpretation of P&F charts. I am by no means an expert in P&F, however, I have been an active trader since 1989. P&F charts have clear defined entries and exits. Risk is clearly displayed on the chart. Profit Objectives will be addressed on upcoming charts. Input is appreciated.
If you do not know how P&F charts are compiled and used please see StockCharts Point and Figure section of their Chartschool. There are several excellent books on the subject and good articles that can be found on Google 0.80% as well.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.