Until Proven Otherwise, Let this Channel Be Your Guide

This is a very simplistic analysis, but time and time again we see these long-term logarithmic trend channels hold up over time. I suspect price will find a footing in the lower zones until breaking the higher side of the channel later in the bull run.

This is not a trading idea, but rather a bigger picture view which is useful to keep in mind. I will be looking to buy in the lower bands of the channel.