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Confusion in Book-P&F charts by Prashant Shah

Scheduled Pinned Locked Moved Ask Definedge Team (Subject related)
@prashantshah@askprashant@askdefinedge
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  • J Offline
    J Offline
    Jinesh Sukhia

    Pro User

    wrote on last edited by
    #1

    Hi, @@Definedge-Experts my query is regarding a potential error in the book (not sure if its an error or lack of understanding from my end) - Point and Figure charts -> Major Patterns -> 100% pole -> last table which shows number of occurrences of 100% pole and broadening after pole patterns in NIFTY500...In the last table, shouldn't there be 'bullish broadening after pole' after the 'bearish 100% pole' and then the ratio should be calculated? As the failure of a bearish 100% pole would mean that a bullish broadening has formed right? and not the other way round like its mentioned in that last table of the chapter (so the correct way to look at it would be 8095/56556). Can you pls guide on this @prashant sir/ team

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