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Which of the following is the calculation for price objective using the horizontal count method?

Which of the following is the calculation for price objective using the horizontal count method?

(Note: X is the multiplication symbol in this question)

A.

Price level of the lowest box (for up counts) + (number of boxes in the reversal columns X reversal size)

B.

Price level of the lowest box (for up counts) X number of boxes in the reversal columns X reversal size

C.

Price level of the lowest box (for up counts) of the base X number of columns of the base X reversal size

D.

Price level of the lowest box (for up counts) of the base + (number of columns of the base X reversal size)

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