chapter concentrates on the basic buy and sell signals for all
PnF charts and pattern development. First we will show how supply
and demand control the movement of the chart and how these signals are created.
Then we will describe the different patterns and how they develop.
Every chart develops a pattern which tells a story. It is through the understanding of these patterns that we can analyze a chart. Here are the basics.
||P&F Craftsman Tip:
Different markets will see different patterns emerge. For example, the triangle pattern tends to form in markets that are gyrating sideways, searching for a trend.