🔍 Analysis Summary:
This EUR/USD setup is constructed using the Mirror Market Concept (MMC), which identifies price behavior patterns that tend to "mirror" across central zones or key support/resistance levels. The chart highlights multiple "Ellipse + Central Zone" regions that represent strong consolidation and price decision areas, reflecting symmetry in market reactions.
📈 Key Technical Insights:
Central Zones & Ellipses: These are repeated zones where price action has shown symmetry in both accumulation and distribution phases. Watch how these ellipses mirror prior moves, indicating likely zones of reaction.
Previous Target & Reversal Area: The market completed a leg to the previous target (around 1.1410), followed by a rejection from a major resistance zone, initiating a reversal. This aligns with the Mirror Market structure, where the move downward reflects the previous bullish leg.
Support Level: A significant support zone has been marked near the 1.1275 level. Price action reversed from here, respecting this base and forming a reversal zone.
Retesting Phase: After bouncing from support, the price is entering a retesting phase around the 1.1330 level (identified ellipse). This retest is critical—if held, it could trigger bullish continuation.
Major BOS (Break of Structure): Once price breaks and sustains above the 1.1360–1.1380 region, it will confirm the BOS and pave the way toward the final Target Zone at 1.1450–1.1470.
🎯 Trade Plan Overview:
Bullish Scenario: Look for confirmation of support near 1.1320–1.1330 during the retest. If price holds and forms bullish structure (e.g., higher lows, bullish engulfing), consider long setups targeting 1.1450.
Bearish Invalidator: A breakdown and close below the support level at 1.1275 would invalidate the bullish bias and call for reevaluation of the setup.
🧠 Final Thoughts:
This analysis reflects the mirror behavior of price and the market psychology around equilibrium zones. MMC provides a structured way to anticipate future price action by understanding how historical reactions unfold. Watch key zones and wait for confirmation before engaging.
This EUR/USD setup is constructed using the Mirror Market Concept (MMC), which identifies price behavior patterns that tend to "mirror" across central zones or key support/resistance levels. The chart highlights multiple "Ellipse + Central Zone" regions that represent strong consolidation and price decision areas, reflecting symmetry in market reactions.
📈 Key Technical Insights:
Central Zones & Ellipses: These are repeated zones where price action has shown symmetry in both accumulation and distribution phases. Watch how these ellipses mirror prior moves, indicating likely zones of reaction.
Previous Target & Reversal Area: The market completed a leg to the previous target (around 1.1410), followed by a rejection from a major resistance zone, initiating a reversal. This aligns with the Mirror Market structure, where the move downward reflects the previous bullish leg.
Support Level: A significant support zone has been marked near the 1.1275 level. Price action reversed from here, respecting this base and forming a reversal zone.
Retesting Phase: After bouncing from support, the price is entering a retesting phase around the 1.1330 level (identified ellipse). This retest is critical—if held, it could trigger bullish continuation.
Major BOS (Break of Structure): Once price breaks and sustains above the 1.1360–1.1380 region, it will confirm the BOS and pave the way toward the final Target Zone at 1.1450–1.1470.
🎯 Trade Plan Overview:
Bullish Scenario: Look for confirmation of support near 1.1320–1.1330 during the retest. If price holds and forms bullish structure (e.g., higher lows, bullish engulfing), consider long setups targeting 1.1450.
Bearish Invalidator: A breakdown and close below the support level at 1.1275 would invalidate the bullish bias and call for reevaluation of the setup.
🧠 Final Thoughts:
This analysis reflects the mirror behavior of price and the market psychology around equilibrium zones. MMC provides a structured way to anticipate future price action by understanding how historical reactions unfold. Watch key zones and wait for confirmation before engaging.
For Daily Trade Setups and Forecast: 📈 t.me/xauusdoptimizer
Premium Signals Fr33: 💯 t.me/xauusdoptimizer
🥰🥳🤩
Premium Signals Fr33: 💯 t.me/xauusdoptimizer
🥰🥳🤩
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
For Daily Trade Setups and Forecast: 📈 t.me/xauusdoptimizer
Premium Signals Fr33: 💯 t.me/xauusdoptimizer
🥰🥳🤩
Premium Signals Fr33: 💯 t.me/xauusdoptimizer
🥰🥳🤩
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.