9eb85c0b550e1877ce51e70db80f52ea--to-read-charts.jpg d0abd6ee-f31c-4e01-95dc-cd03de9f4eae.png b09223ca-7e94-42ac-b1e7-a769735a6b19.png Point-Figure-Chart-Explained.jpg Patterns of buy and sell signals At this point, we\\u0027ll delve deeper into what the Point-and-Figure diagram might look like. In giving buy or sell signals which has a famous pattern Shown in all samples. The description will give only 2 examples. The first form is a buy signal on the breakout of a triple top and a sell signal on the downside breakout below a bullish support line are issued. Because if you understand the principles of buying or selling signals Any pattern formation is easy for traders to understand technical analysis. The buy signal following the 3rd peak breakout was actually a breakout of resistance. Which according to the principles mentioned in the subject of support and resistance breaking through resistance Refers to a buy signal. The next question is How do you know where is resistance? The answer is that the resistance is at the peak of the last 2 X signals. Because the X signal turns into an O signal, it means selling pressure is greater than buying pressure. So it\\u0027s a resistance line. The X signal crosses above, indicating that demand outstrips supply. It will inevitably result in the price rising. Therefore, a buy signal occurred. The sell signal section When the price breaks the support line up and down, it means that the selling pressure is greater than the support along the trend line or that there is an oversupply. Inevitably results in the price dropping Because traders who want to buy who used to buy along the trend line are now unable to know technical analysis and accept it, which may be due to the fact that traders who want to sell have higher power, so whoever escapes first You don\\u0027t have to face the stock condition, which makes it even more a trigger of selling pressure. So a sell signal was born. However, it should also be noted in the figure that the breakout point may not yet give a buy signal. Or sell signal come immediately In addition, it is said that the ascending triple top gives the most reliable buy signal, while the breakout of the triple bottom gives the most reliable sell signal. But to trust How much you get, let\\u0027s see for yourself!