The currently relevant congestion zones have been updated.
The price did not stay in zone 2 long enough to give a chance for reorientation. Instead it heads toward zone 3 since yesterday and can be expected to settle there.
A spike into zone 4 can be expected until next week. This might end the regression, since zone 4 lies on the 78,6% regression level.
Description of the drawing usage:
All boxes in the diagrams are congestion zones.
Grey boxes are congestion zones from the past. They are the footprints of a market. They act like magnets, making the price prone to revisit them, even in a bull market.
Present and possible future congestion zones are drawm as colored boxes.
Colored slanted lines are trend sections of various time frames.
Colored horizontal lines show when an equally colored trend section is completed for sure, once the price touches such a horizontal line. They are support and resistance levels.
Colored vertical lines which range from top to bottom of the chart mark the end of time frames. Once the price reaches them, an equally colored trend section must have completed already.
Time frames are shown as a scale of vertical lines on daily charts usually.