You’re asking me to draw a trend line that is right and yet your second chart has been drawn in the middle of the peak (or in no man’s land). LOL.
Secondly, when you’re viewing a 10 year chart, best to use monthly candles as you get a more objective view.
For the sake of this exercise, I have attached a weekly and monthly long term chart (so you cannot question its accuracy) as the two you provided look wonky
A clear break above the long term trend line, move back below the trend and followed by a move back above the trend and now appears to be back-testing the trend line again.
But thank you for commenting on my long term trend line, glad it sparked your attention (to comment) and just maybe you see some value in it HotDogs
