"One hundred and fifty-four(154) days have passed since the highest price was recorded, and it is on the verge of reaching two hundred and seventy dollars(270)."
Comment:
Squaring time with price can create a shift in the trend. This shift can be temporary, causing a strong reaction, or it can lead to a longer-term change in the trend, from bearish to bullish or vice versa.
Comment:
"Time and price are the two fundamental elements in this type of analysis. Time is the first cornerstone of the market."
Comment:
In the presented text, there was some ambiguity from my side which I am correcting here: What I meant was a price correction of $270 from the recorded price ceiling.