Chart RFT

Just thought I'd share a PnF chart with you holders.

A quick summary for those who aren't aware. 'Energy' is built up in an accumulation phase (base). The size of the move post breakout has a correlation to the amount of accumulation.  Point and Figure charts are the best way to measure the building of the cause and project a target.


First, as an example of a met target, here's one I did on CYP (3 box reversal). We can see the target being met to within 1/2 a cent.




Now for RFT. I've taken the period of accumulation using the wall to wall method.
Targets are not exact and can be out buy 20%. But the point is that they give a ball park target. Targets can also be exceeded after a period of re-accumulation.

Point and Figure projections (1 box reversal as I've used for RFT) were a main part of Wyckoff's work.

RFT target - 11.2c