Point and Figure Bullish Signal Formation Up

Point-and-Figure Bullish Signal Formation Up

 

A Bullish Signal Formation Up occurs when the low box of bar one is greater than the low box of bar three and the high box of bar 0 is greater than the high box of bar two.


Reference: Kaufman, Perry J.. The New Commodity Trading Systems and Methods. New York, New York: John Wiley & Sons, 1987.