This is also the bullish channel I'm following (purple) drawn on a Daily log chart, that I think price is threatening to break-out of. I've also seen this more accurately drawn on a 4hr linear chart, but this works for me for now. But as I referened elsewhere, breaking down from this purple bull channel no longer concerns me too much as long as we stay within the bull flag (green channel) structure, especially above the dotted green line that is the middle level of support.