From the perspective of Chan Theory, if you go to consume an entire trend of this level, then its retracement is a component of this level—that is, an entire trend of the subordinate level. If you are to consume a component of the current level, then its retracement is a component of the subordinate level. Taking the level on the 30-minute cycle as an example, if you go to consume an entire trend at the 30-minute trend level, then its retracement is a component of the 30-minute trend level, meaning an entire trend of the subordinate level, such as ( 5-minute cycle’s level. If you go to consume a component at the 30-minute trend level, then its retracement is a component of the 5-minute trend level, and an entire trend at the 11-minute trend level, meaning ).

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