Point and Figure Charting is a kind of technical chart that was developed in the late 1800s.

Traders can trade and also do technical analysis by using Point and Figure Charting other than the bar and candlestick charts.

A point-and-figure chart plots movements of the prices such as stocks, commodities, or futures without considering the time.

As compared to other technical charts like candlesticks, which plot the price movement of the financial assets over set time periods, point-and-figure chart plots prices in the columns which consist of stacked X’s or O’s, each of which represents a fixed amount of price movement.

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