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- 16. To increase the sensitivity of a 5x3 Point and Figure chart, one would: a) Increase the box size b) Decrease the box size c) Increase the number of boxes needed for a reversal d) Decrease the number of boxes needed for a reversal6. To increase the sensitivity of a 5x3 Point and Figure chart, one would:
b. Decrease the box size
Reference: MTA, CMT Level I: An Introduction to Technical Analysis, Chapter 23 - 27. A basic Point and Figure buy signal is triggered when: a) A new “X” is marked in the current column of Xs b) The current column of Xs rises above the previous column of Os by one box c) The current column of Xs rises above the previous column of Xs by one box d) The current column of Xs rises above the previous column of Xs by three boxes7. A basic Point and Figure buy signal is triggered when:
c. The current column of Xs rises above the previous column of Xs by one box
Reference: MTA, CMT Level I: An Introduction to Technical Analysis, Chapter 23
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