I'm looking for a gap and go to happen very soon (might already be tomorrow or thursday).
Thursday could be the case for it to wait for the SP moving in to minor wave 3 as well.
If tomorrow I would expect a gap up to around the 2,80 level or as high as 2,86 and then to retrace to 2,78 level for a possible rest of the gap not to be filled. As to be seen on the 4 hour chart - the 2 purple circles are about identical, so I expect a bow-tie on the moving averages to happen creating the same shoot higher and to see a continue move higher for the wave 3 target.
Time will show Safe trading gents! BM
Thursday could be the case for it to wait for the SP moving in to minor wave 3 as well.
If tomorrow I would expect a gap up to around the 2,80 level or as high as 2,86 and then to retrace to 2,78 level for a possible rest of the gap not to be filled. As to be seen on the 4 hour chart - the 2 purple circles are about identical, so I expect a bow-tie on the moving averages to happen creating the same shoot higher and to see a continue move higher for the wave 3 target.
Time will show Safe trading gents! BM