When markets turn bearish, traders need reliable tools to estimate how far prices may fall. Point & Figure (P&F) charts offer a unique and structured approach to identifying downside targets through Bearish Vertical Counts. By analyzing price action without the distraction of time-based charts, this method helps traders set realistic expectations for potential declines. Let’s dive into the mechanics of this pattern and how you can use it to refine your trading decisions.
Continue reading “P&F Bearish Vertical Counts: A Powerful Tool to Project Downside Price Targets”P&F Bearish Vertical Counts: A Powerful Tool to Project Downside Price Targets
In a bearish market, Point & Figure charts help traders estimate downside targets using Bearish Vertical Counts, offering a structured, time-free approach to setting realistic expectations for potential declines