"if all highs and lows in the market are exact proportions of previous ranges."(adsbygoogle = window.adsbygoogle || []).push({});

then can you write the statement;

[tex] x = \frac{a}{b}\times{range} [/tex]

where x is a high, a/b is a mathematical proportion and range is the last high- the last low

Is that correct? if not, what would be?

Thanks

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# Mathematical proportion and range is the last high- the last low

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