What is Point And Figurechart?

Legal Definition
A chart which is made to show the fluctuations in bond prices, prices of commoditie, stocks and the link. Time is ignored in this chart. The primary focus lies on changes. Hence, unless there is a fluctuation in price, nothing is recorded by the chart, regardless of time elapsed. Price is shown on the Y axis and X does not have any axis, but cna mark dates or months, etc.