I have a method of looking for pivots where #1 green arrow points to a seemingly uninteresting trendline, but that trend lined copied and moved over to the "top" of the pivot and that forms the reversal channel. It is very CONVENIENT that this trend line also happens to coincide with the 100 day Moving Average (the red line extended with red dots).
The white dashed line is the 200 weekly moving average which needs to be broken for a reversal to continue.
The white dashed line is the 200 weekly moving average which needs to be broken for a reversal to continue.