Editing Point and figure chart (section)

{{Short description|Charting technique used in technical analysis}}

'''Point and figure''' (P&F) is a charting technique used in [[technical analysis]].  Point and figure charting does not plot price against time as time-based charts do.  Instead it plots price against changes in direction by plotting a column of Xs as the price rises and a column of Os as the price falls.<ref>{{Cite book|title = The Definitive Guide to Point and Figure: A Comprehensive Guide to the Theory and Practical Use of the Point and Figure Charting Method|url = https://books.google.com/books?id=NtrlAgAAQBAJ|publisher = Harriman House Limited|date = 2012-10-04|isbn = 9780857192615|language = en|first = Jeremy du|last = Plessis}}</ref><ref>{{Cite web|title = Point And Figure Charting Basics {{!}} Investopedia|url = http://www.investopedia.com/articles/technical/03/081303.asp|website = Investopedia|access-date = 2016-01-28|language = en-US|first = Investopedia|last = Staff}}</ref>