Timing_is_key

AUDUSD possible breach of lower parallel

Short
FX:AUDUSD   Dollaro australiano / Dollaro
6
This Idea is illustrating how a breach of the lower parallel is an early warning that their there is underlying weakness in the Aussie and if it closes below this angle there is a high probability that it will head towards the next ML. Notice how steep the downward fork is:) Also notice that swings P1 to P2 to P3 to P4 to P5 are all expanding, ( in this case called a Skewed Expanding Pivot ie P4 is higher than P2 ).

Sincerely,

TIK
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