GRTUSD - 01.02.2021 Update
Updated
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.
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.
Note
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.
Note
Chart updated:<TRADINGVIEW>/x/oWftzG54/
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