Three rods, ceiling mounted. This page has a great overview of formal vs. casual and ideas for types of drapery. This is an example of ripplefold.
Silent Gliss 3840 Curtain Track White/Silver
Photo Gallery | The Shade Store ripple fold drapery
white ceiling mount curtain track recessed - Google Search
ceiling to floor curtains - Google Search
Curtains for my room. Trying to decide between the ceiling to floor curtain look, or a wood valence in the living room. I'm having difficulty fusing my rustic modern whimsy style into the window treatments.
Kirsch 9600 Ceiling Mount Curtain Track with Hook Carriers – Curtain Rod Connection
Kit - 84003 Ceiling Mount Curtain Track - 8 Feet - Ceiling Curtain Track - Curtain Tracks & Drapery Hardware - Curtain Tracks
84003 Ball Bearing Carrier Curtain Track - Ceiling or Wall - 8 Feet - White - $28.00
Ceiling Mount Curtain Track is an anodized aluminum, hand-draw curtain track that can be directly mounted to a ceiling. Use standard fasteners to ceiling mount or the track can be recessed.