JPY/USD Deep Analysis Using MMC – Curve Zone + Volume Burst Zone

82
📌 Overview:
Today’s chart setup on JPY/USD demonstrates a classic Mirror Market Concept scenario, where price mimics past structure and behavior to create high-probability trade setups. We are looking at a textbook reversal with a rounded bottom forming right above a key Support Zone—signaling a strong potential move upward.

This is not just a basic support bounce. It’s a multi-layered confluence where structure, volume, and price action come together to build a strong bullish narrative.

🌀 Phase 1: The Curve Zone Support (Accumulation)
The Curve Zone Support (marked clearly on the chart) sits right above 0.006890–0.006910.

Price touched this zone multiple times without breaking it, forming higher lows—a typical sign of accumulation.

This pattern resembles a “rounded bottom” or cup shape, indicating that sellers are getting exhausted and buyers are slowly stepping in.

💡 Market Psychology: This is where smart money begins to accumulate positions, absorbing panic sellers while price coils up.

🧱 Phase 2: SR Interchange + Central Zone Reaction
Notice the SR Interchange Zone around 0.006950. Previously it acted as a resistance, but price broke above and now respects it as support.

This is a textbook SR flip, confirming that this level holds weight.

The Central Zone, formed earlier, is where a battle between bulls and bears took place. Now price is creeping back toward it.

🧠 Mirror Market Concept Insight: Market tends to repeat structure. The earlier bullish rally from the same base level is a mirrored version of what’s forming now. That’s why this concept gives us confidence in projecting future price moves.

🔊 Phase 3: Volume Burst Area – The Target Zone
We’ve marked a Volume Burst Area around 0.007040. This is where heavy buying occurred before a sharp decline.

According to MMC, these areas often act like magnets—price gravitates back toward them once demand builds up below.

If price clears the midpoint (50% retracement) around 0.006960, it opens the door for a bullish breakout toward the volume cluster.

🎯 Trade Plan Based on This Setup:
Component Details
Entry Zone 0.006920 – 0.006930 (buy zone)
Stop Loss Below 0.006890
First Target 0.006980 (mid-level reaction)
Final Target 0.007000 – 0.007040 (Volume Zone)

🧬 MMC Confluences That Make This Setup Powerful:
✅ Curve Zone Support – Foundational base for entry.

✅ SR Flip (Interchange) – Old resistance turned support.

✅ Volume Burst Area – Target based on prior aggressive moves.

✅ Structure Break – Bullish structure shift as price forms higher lows.

✅ Psychology – Accumulation turning into expansion.

🏁 Final Thoughts:
This chart is a great example of how Mirror Market Concepts can unlock the hidden patterns of the market. It’s not just technicals, it’s also about understanding how traders think and how price reflects those emotions.

When you combine curve structures, SR interchanges, and volume dynamics, you’re not guessing—you’re anticipating. If price respects this structure, this could be a clean move toward 0.007000+, offering a great risk-to-reward ratio.

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.