Point‐and‐Figure Charting
Similarly, for double bottoms, once price breaks below the previous O and a new
O is plotted, a sell signal is issued. These are essentially classified as continuation
patterns. See Figure 15.10 for the basic setup.
Figure 15.11 depicts a three‐box reversal double top breakout on Bank of
America Corp.
Similarly, for double bottoms, once price breaks below the previous O and a
new O is plotted, a sell signal is issued. See Figure 15.12.Figure 15.10 A Basic Three‐Box Reversal Double Top Breakout.Figure 15.11 A Basic Three‐Box Reversal Double Top Breakout on a Point‐and‐
Figure Chart of Bank of America Corp.
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