Although the recent price surge looks unimportant on a large scale, everything since June 23th had to be revised because of it.
Keep an eye on the dotted pink line. It can mean that a pink trend section completed there already instead of the now revised blue trend section. When the price reaches it, that will mean that a regressing pink trend section has ended there.
I drew a pink trend section instead of the now again blue trend section up to that dotted pink line prematurely because the price came so close.
Probably it was right. But it is not proven yet. So i rather let it stand as it is drawn currently.
Overview price targets:
- green : is reached currently
- orange : 7150
- blue : 8280
- pink : 8620