From the perspective of Chan Theory, if you are to consume an entire trend at the current level, then its retracement is the component of the current level, which is the entire trend at the subordinate level.
If you are to consume a component of the current level, then its retracement is the component at the subordinate level. Taking the 30-minute cycle level as an example, if you consume an entire trend at the 30-minute trend level, then its retracement is the component at the 30-minute trend level, which is the entire trend at the subordinate level of the 5-minute cycle. If you consume a component at the 30-minute trend level, then its retracement is the component at the 5-minute trend level, which is the entire trend at the 1-minute trend level.
From the perspective of Chan Theory, if you are to consume an entire trend at the current level, then its retracement is the component of the current level, which is the entire trend at the subordinate level.
If you are to consume a component of the current level, then its retracement is the component at the subordinate level.
Taking the 30-minute cycle level as an example, if you consume an entire trend at the 30-minute trend level, then its retracement is the component at the 30-minute trend level, which is the entire trend at the subordinate level of the 5-minute cycle.
If you consume a component at the 30-minute trend level, then its retracement is the component at the 5-minute trend level, which is the entire trend at the 1-minute trend level.