1) Price is at lower extreme of the black, big fork
2) ...runs back to centerline of the black fork
3) and comes back to another center, the small red upsloping forks one. It's just another context.
Will it rest there?
But if you observe, make your one stats and can beleieve in them, then you know what to to, when price reaches a centerline, a upper or lower extreme or just sitting in the middle of nowhere.
If you like this natural laws of center and extremes, of action and reaction, then you can find a small very basic course online in here i've made for starters, fro free:
TradingView Blog: http://www.forktrading.com/tradingview-blog