GRTUSD - 01.02.2021 Update

٣١ يناير ٢٠٢١

We've just hit new ATH like I was forecasting in previous analysis. I think in short term there will be no more significant grow. Time for stronger pullback.
On the chart we can see that 11.01 - 18.01 wave is equal to 22.01 - today wave. I am expecting short sellout also equal to 18.01 - 22.01 retracement. Target is 0,55-0,60 area.
After that we can go for 0,88 and $1.

١ فبراير ٢٠٢١

ملاحظة

I made a little "mistake". Now moved the second blue rectangle to wave started on 27.01 and hope finish at ~$0.88 what is local high for me. $0.60-0.62 is coming this week again as a pullback for rebuy opportunity.
And I agree with others, market is strongly overbought.

١ فبراير ٢٠٢١

ملاحظة

Chart updated:
<TRADINGVIEW>/x/oWftzG54/