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Price oscillates between highs and lows; mark timeframe targets to track current price position.

From How I'd Learn To Trade Liquidity If I Started Over · jumps to 11:17 · speech

▶ Open at 11:17 on YouTube
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Where might be the next target after running these big high time frame lows down here? Maybe this weekly monthly high up there. So it's super important, not just visually, but from a kind of conceptual framing of what we've learned so far that price moves from these highs to lows, lows back to highs. You've seen it a hundred times, a thousand times on your own chart. I've shown you hundreds of times throughout this series. Now you have some actual data backing it up and why it is so important to mark out these highs and lows on a high time frame. So you can keep a good idea of where we are within price. Now what you have to keep in mind obviously is these monthly and weekly targets can take days or weeks to trade to. So just because we took out a monthly high, it doesn't mean we're going to straight line down to a monthly low or something like that.
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