Three Box Reversal Point and Figure
{"Image DocumentName": "Three Box Reversal Point and Figure", "Image ImageDescription": "More popular than one point predecessor. Can be plotted from prices found in the newspaper. Close only method. More popular, only a row of X\u2019s or O\u2019s for the day. High/Low method. Close is ignored completely. Reliance on the trend. as long as extremes are made in the direction of prevailing trend, in accordance with the box size, counter trend extreme is ignored. If no new extreme, opposite extreme is examined for a potential change. See pages 95 to 103 for construction. Requires the knowledge of only a few basic patterns. Academics like it because these patterns can be tested. Can have only X\u2019s or O\u2019s in each column. See pages 80 thru 86 for construction. Due to asymmetry, reversals can be used as trailing stops.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}