|Yes. The higher time frames (Daily, Weekly, Monthly, Quarterly & Yearly) will significantly effect the 60 min targets. |
The Weekly & above will effect the 60 min & Daily
The Monthly & above will effect the 60 min, Daily & Weekly
Normally when a Daily cycle is confirmed you will get extended to super cycle 60 min phases confirmed
Normally when a Weekly cycle is confirmed you will get extended to super cycle Daily phases confirmed
Lower time frames can be OB for a long time when higher time frame phases (extended & super cycle) are confirmed.
At the end of this month we will likely get a Monthly M-E-2 (Monthly extended up phase) confirmed, so we should see some large 60 min up phases that exceed their projections.