This sell was done both as a floor pivot reject trade setup BUT additionally as a core method setup because of the additional setup components in the combination that are selective for price breakout-price continuation.
you know the left yellow square because of it being the low between the 2 high points from the price momentum divergence - you know the right yellow square as a test of this price after the initial floor pivot reject.
the red dot sell is a break2 with mex flow AND entered into the triple bottom breakout of the 2 yellow squares - the trade then having diagonal breakout potential trading back through the previous left swing.
this trade was another example of a price specific triple breakout-diagonal breakout potential chart structure setup - further enhanced because of the additional setup selectivity components that were part of the setup combination.
Floor Number Trade Setup
http://tacticaltradingmethod.blogspot.com/2008/06/floor-pivot-number-trade-setup.html
