First, I'll share my 7 year channels with you, which I believe are critical for the continuing bull run! Below the lower channel line will potentially jeopardize the continuation!
Next, each red horizontal line represents a critical spot where each bullish peak broke down, and a critical spot for price to re-conquer and continue it's bull move. After each spot is re-conquered, you can see price has moved higher rapidly! Also, notice the same pattern for each peak and correction...we can make an argument that price is reacting in a very similar fashion, yes?
Good Luck!
Next, each red horizontal line represents a critical spot where each bullish peak broke down, and a critical spot for price to re-conquer and continue it's bull move. After each spot is re-conquered, you can see price has moved higher rapidly! Also, notice the same pattern for each peak and correction...we can make an argument that price is reacting in a very similar fashion, yes?
Good Luck!