• MGM reversed from resistance zone
• Likely to fall to 20.55
MGM recently reversed down from the resistance zone located between the key resistance level 24.00 (which has been steadily reversing the price from the start of June) and the upper daily Bollinger Band.
The downward reversal from this resistance zone stopped the previous multi-impulse sequence made up of the impulse waves 3 and (C).
MGM is likely to fall further toward the next support level 20.55 (low of the previous short-term correction 2 from last month).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies