Disliked{quote} Hi B.Mir, From your charts, what do you mean by actual weekly levels? From what I studied, it means some previous week levels at which price moved to when it expanded beyond last week high or low? Does this also work with daily levels when price goes beyond high/low? And how it connects with last week levels?Ignored
Not daily, only weekly and monthly.
For example, week 1 price moved from 20 - 40 > your levels for week 2 are based on 20 - 40.
Now for the 2nd week > price moved from 25 - 32, third week's levels or smaller box are based on 25-32
Your actual weekly levels or bigger boxes are still based on 20 - 40, because price is still in that range, once it breaks it, they are invalid. So on and so forth, hope that was helpful.
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