0 0

September 17, 2020 at 03:50PM

• 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).

Continue Reading…

From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/mgm-wave-analysis-17-september-2020-20200917/
Selected by fonecable.com

euro
Search Web: MGM Wave Analysis – 17 September, 2020

Recent Posts

euro

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *