Coincidence or Mathmatics?

X : intersection of A and B
Line A : ATH, high on 6 Jan, high on 5 March, X
Line B : low on 6 Feb, low on 1 April, X
Line C : connecting low points on current channel
Line D : connecting high points on current channel

A vertical line from the intersection of C/A, intersects D at a price of $10 000.