THE HAndbook oF TEcHnIcAl AnAlysIsWe observe that for one‐box reversal charts, Xs and Os may share the same
column. Note that this only occurs in one‐box reversal charts. For reversal two‐
box charts and higher, Xs and Os never share the same column and the minimum
number of boxes in any column is equal to its reversal box amount.
(2) two‐box reversal Charts Let us now plot the same price path as found in
Figure 15.3 on a two‐box reversal chart in order to observe the differences. See
Figure 15.4.
Figure 15.3 One‐Box Reversal Chart.
Figure 15.4 Two‐Box Reversal Chart.