【正文】 austion gaps are usually the largest gap, usually filled, and have blowoff characteristics. Breakaway gaps are at end of price pattern or when breaking major support ( or resistance), and are usually filled. 21 Candle sticks 22 Point and Figure charts In a point and figure chart, X39。s signals by examining past market signals. 9 3. Prices move in trends ?Technicians typically do not believe that price fluctuations are random and unpredictable. (Most reject the weakform explanation of market efficiency and dismiss the random walk theory.) Prices can move in one of three directions, up, down or sideways. Once a trend in any of these directions is in effect it usually will persist. A price chart will usually indicate the prevailing trend as characterized by a series of waves with obvious peaks and troughs. It is the direction of these peaks and troughs that constitutes the market trend. Technical analysis attempts to determine the strength and direction of the trend and the change in the trend direction. 10 The building blocks of any technical analysis system include ?Price charts and ?Technical indicators, ?Both are merely mathematical representations of market patterns and behaviors. ?Forecasting models usually include at least one type of indicator in relation to a particular type of price chart and look for divergence or continuity between indicators and price to determine the validity of a trend. 11 Some of the price charts used in technical analysis: ?Chart patterns are hills and valleys, shapes and curves that develop over time on a chart which often indicate changes in price direction. ?Candlestick pattern are like bar char