I have been doing quick trades using this channel for the past couple of days. Has been working well so i decided to share. Gives a good view of reversal points and possible entry/exits. 3 trades so far 2 in profit 1 is about even.
I look for bullish/bearish bars near dotted lines/ I also use fisher and trend to get further confirmation on trades.
The dotted line in the middle can be noted as P .