A trader shows a pattern he says appears on every price chart: find the lowest candle in the pattern, measure the distance to the trend line, then use that same distance to predict how far the next downward move will go.
And this happens over and over and over, and I believe it is the basis for all of the charts. And what happens is if you find the low on the candle that had the lowest low in this pattern and you measure from right here to the top of the trend line— so you want to go directly up this same candle, right, to right here— and you measure the price distance, let's say this is $20, which you will find is the next move down will be this distance. So like this would even continue further down.
