When we have two ceilings and a lower floor, it is equal to the beginning of a descending channel that can be drawn and in the direction of the same channel in the support and resistance areas.
Hi Traders,
I have this formation based on a fractal I TA'd and it makes sense for what I placed.
Getting it perfect is not the goal, anticipating key pivot points is a bonus if one was to look out for those change in directions.
Give it 2 days so get to the key levels.
All the best,
S.SAri
