MTGOX:BTCUSD Bitcoin / U.S. Dollar
This is a validated , so far have action at the Lower Parallel line April 16th and June 9th providing support. There is one near touch and rejection bellow the 24th April. 2 red arrows point to a parallel line above the lower quartile with perfect touches. Of note is the perfect bounce off the lower parallel and finding support once more along a parallel line.
That is an interesting chart. My beef with this tool is that it is too easy to find a setup that supports what you are already looking for. In other words, if you were bearish you could have found a setup that would have appeared to support that as well. I haven't found a way to use it that removes my bias from the process.