Thread: P&F Super Pattern
An effective price pattern defined using properties of P&F charts.
#Superpattern #Pointandfigure #Definedge
![](https://pbs.twimg.com/media/Eqtt8xOVkAE8ixt.png)
![](https://pbs.twimg.com/media/Eqtu80DVkAQDQbR.png)
https://t.co/2xtLAVPBvm
See below chart. Price is in a strong uptrend, P&F chart would produce a long of column of 'X' with more number of boxes in it.
![](https://pbs.twimg.com/media/Eqtu7KoVQAcv4BZ.png)
![](https://pbs.twimg.com/media/EqtvN7QUwAQBXKK.png)
![](https://pbs.twimg.com/media/EqtvSzBUwAMsB7W.png)
![](https://pbs.twimg.com/media/EqtvhdhVoAAj4VI.png)
So, the pattern is: Breakout, strong trend, shallow retracement & follow-through price action.
How it is defined clearly and made objective on a P&F chart?
Strong trend= More than 10 boxes of 'X' after breakout
Shallow retracement = Not more than 4 boxes after strong trend
Follow-through = Double-top buy after correction
![](https://pbs.twimg.com/media/EqtvwtEU0AAZ3I4.png)
Initial stop-loss in affordable and risk-reward is high that makes it a tradeable pattern with positive expectancy.
![](https://pbs.twimg.com/media/Eqtv1HeUcAQ-MiA.png)