What Is Mirror 7
Mirror 7 is a short-term technical trading pattern based on a sequence of seven candles that mirror an earlier move. Traders watch for a sharp price impulse followed by a symmetrical retracement across seven periods, often on 1-minute or 5-minute charts.
How Mirror 7 Works
The pattern assumes that after a strong move, price may retrace a similar distance in the opposite direction within seven candles. Traders look for alignment with support, resistance, or volume spikes to confirm the setup. The idea is to enter near the expected reversal and place a tight stop loss.
Using Mirror 7 in Practice
Traders commonly use Mirror 7 on liquid instruments such as major forex pairs and large-cap stocks. It is often combined with momentum indicators or order-flow tools to filter false signals. For more structured chart patterns and technical analysis techniques, see the educational resources at Investopedia Technical Analysis.
