# TIC TAC TOE

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### TIC TAC TOE

The graph model is widely used both: for analysis of quotes on the terminal screen and with graphs of the “Tic Tac Toe” method. They provide no guarantees regarding direction and purpose, but quite often recommendations, based on this model give positive results. The principle of this method is based on the ratio of supply and demand. The result then leads to a graphic image, analysis that allows the trader to plan his order.

### Double Top

The price increase is shown in Figure 1, after a correction for 3 cells occurs, after the price increase and reaches the level of the first column of the cross. This number is called Double Top. In the event that the current number of sellers wins over the number of buyers, the price will rise in the first Top. If the buyer wins, the price will rise below the first Top. From this example we can see that prices have increased, let’s place a cross above the previous Top and this is a signal to buy. Further price increases are most likely.

Picture 1 Double Top

### Double Top, reinforced with support

You can see an example from Double Top, which is different from the previous one by the fact that the price has reached one price twice and has deflected from, creating a horizontal support level, in figure 2. Then the price, after parrying, touches the resistance level that was previously bear ( tend to), reach the peak level, make a second and touch it. This is a signal to buy, which is stronger than the last example.

Picture 2 Double Top, reinforced by support

### Double bottom

Double bottom is a number, turning to the Double Top number. It appears to be falling in price to the previous lower level. This breakthrough level is a signal to sell.

Picture 3 Double Bottoms

### Double Bottom with Resistance

The example in figure 4 shows that when the price rises, it bounces to a length of 4 zeros. This is followed by a breakdown to the top (note the resistance level at a 45 degree angle) and form a Double Top figure. But sellers seem to be stronger. A breakdown does not occur, there is no signal to buy and the price drops. Then the details of Double Bottom take place. Double Bottom images with endurance are much stronger than before.

Picture 4 Double Bottom with Resistance

### Double Top with Bottom up

Figure 5 shows the situation, when a column of zeros is completed as long as before and the column of crosses has the bottom rising. Reach the previous top level and group it, giving a signal to buy. This case shows the weakening of sellers in the market. Buyers take more and more. This model is stronger than the two described earlier. After seeing that, traders have more basics to assume price increases.

Figure 5 Double Top with Bottom rising

### Double Bottoms with decreasing Top

Double Bottom with a decrease in Top is a number that is the opposite of what was explained earlier. We can see weakening demand and strengthening proposals. This figure is stronger than the two previous bear models.

Figure 6 Double Bottoms with decreased Top

### Triple top

Figure 7 shows the situation when prices describe double top and not break. Prices bounce but after that, up the top of the previous two Top, gives a signal to buy. The more price bonuses from the line, the more likely it is to strike from the resistance level. Increasing the bottom also strengthens the possibility of increasing.

Figure 7 Triple top

### Triple bottoms

Triple bottom is the opposite number of Triple Top. Demand is weakening, inventories are increasing.

Figure 8 Triple bottom

### Catapult Bullish Formation

Catapult is a Triple Top and Double Top synthesis. In figure 9 we can see the Triple Top model. There is a signal to buy. This was followed by a bounce with a higher one cell bottom and retreat. As a result, we have Double Top, which is a break price. Rising Bottom characterizes strengthening demand. Double Top confirms the signal from a strong Triple Top figure. Namely, the Catapult model is a strong number. We can open buy orders with Stop Loss near the bottom of the last crossing column. After the Top Triple has changed to Catapult, we can open one more buy order and Stop Loss is placed near the Bottom of the newly created crossing column.

Figure 9 Formation of Catapult Bullish

### Bearish Catapult Formation

The model opposite the Catapult Bullish formation is shown in Figure 10. This is a synthesis of Triple Bottom and Double Bottom with a Top drop.

Figure 10 Formation of Catapult Bearish

### Triangle Formation

The triangle formation represents an increase in the bottom and the top top drop. The model must have no less than 5 columns. A battle between the buyer and seller happens and someone has to give up. So, we can only wait for price output from the Triangle. If the Top break appears, we can clearly see Double Top. We know what to do after. If the price breaks the bottom number, Double Bottom will be formed. We also know this number. We can wait for output from Triangle, or we can place pending orders on both sides. These are just the details of the strategy, which you will build based on this “Tic tac toe” method. There are different variations of the model described. Especially, you must learn the main character, which is not difficult. In the future, you will easily recognize them and arrive at the right decision. When working with each of the other methods, the most important thing is to understand, what you are doing, do not act hastily, work together with strategies, do what is right with Money Management.

Figure 11 Triangle Formation

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