EURJPY Technical Breakdown (MMC Strategy) : Target Zone 🧠 Concept Focus: MMC – Mirror Market Concept
The Mirror Market Concept (MMC) helps identify pattern inversions, price reflection zones, and structural symmetry that hint at upcoming market turns. This chart reflects a curve-based reversal logic rooted in smart money behavior, volume analysis, and pattern exhaustion.
📊 Technical Structure Breakdown
🔹 1. Volume Contraction + Breakout (June 6–7)
Early signs of bullish pressure were detected with volume contraction, forming a tight range wedge/triangle.
This is often a liquidity trap where weak hands sell into strength.
Smart money absorbed sell-side liquidity before impulsively breaking out.
This is a common MMC move: contract > trap > expand.
🔹 2. 50% Area Used – Smart Money Trap (June 9)
After the breakout, price tapped into the 50% equilibrium zone of the previous major move.
This level often acts as a liquidity sweep zone, ideal for smart money to unload or build counter positions.
The rejection wick here confirms that institutional traders reacted at this level.
🔹 3. Curve Bending Pattern – Exhaustion in Play
The market has now entered a curve bending phase, visible with the arching price movement.
This signifies momentum exhaustion, where bullish attempts get weaker.
Think of this curve like a mirror ceiling — as each high gets tapped, it bends, showing the market can't sustain higher levels.
🔹 4. Next Reversal Zone (Projected Target: ~164.150–164.200)
Based on MMC symmetry and previous demand zones, the area highlighted as Next Reversal is a key structure zone.
This is where we expect price to react — either bounce (for buyers) or break (for continuation shorts).
A clean bounce here could mirror the earlier pattern in reverse, hence the Mirror Market Concept.
🔁 Summary of Market Psychology
🧲 Volume contraction signals manipulation.
🎯 50% zone rejection shows trap completion.
🪞 Curve bending shows buyers losing strength.
🔻 Price likely to drop into the reversal zone, completing the mirror leg.
🧩 What Traders Should Watch
Indicator/Zone Notes
50% Area Used Smart Money Exit or Entry Trap
Curve Bending Reversal Geometry (Momentum Exhaustion)
Next Reversal Zone Smart Money Demand Zone (~164.150)
Break Below 164.100 Confirms deeper bearish continuation
🎯 Trading Strategy Outlook
🔍 Short Bias: Look for confirmation (e.g., bearish engulfing, BOS on lower TFs) to enter shorts below curve zone.
🛑 Invalidation Level: Clean breakout above 165.500 would invalidate the mirror structure and shift to continuation long.
🎣 Reversal Scouting : If price respects the Next Reversal Zone, there could be a potential long scalp back into mid-range.
🧠 Educational Note: MMC in Action
The Mirror Market Concept is powerful for intraday trading. It uses pattern reflection, liquidity logic, and price symmetry to forecast reversals before typical indicators catch up. If mastered, this concept can give early reversal entries and trap avoidance.
