Three Line Break Charts

Invented in Japan, Three Line Break charts ignore time and only change when prices move a certain amount.

Three Line Break charts show a series of vertical White / Green and Black / Red lines.

White / Green lines represent rising prices, while Black / Red lines portray falling prices.

Prices continue in the same direction until a reversal is warranted.

A reversal occurs when the closing price exceeds the high or low of the prior two lines.