math for targets
the top time frame is showing price squared + 1 for a formula of finding the time of the next top. the bottom shows where the next potential bottom could be, an extension based off the % amount we dropped at around 51, thus giving us a time frame of 51 bars and you can see they're lining up fairly nicely here
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.