Euro massive breakout and a potential bull runEuro/US DollarFX:EURUSDmtrade8888Euro might be preparing for some intersting moves against the dollar for the upcoming year or so. On weekly, We got a massive break out on Monthly that we are holding well for several weeks, And on monthly and we have a Wycoff accumulation pattern, with a spring down (false breakdown), followed by a spring up breaking the down trend with supporting volume at spring and push up.. confirming the breakout. This may not be imminent, - I expect a cool off in this area to fix above the gaussian channel, with minor correction because when we look at the 3Montly, we can see the breakout and price being held under the mid line of the gaussian channel. If it held for 1 or 2 more candles (3-6 months), this will confirm the large potential breakout as history shows that whenever Euro USD broke out of a down trend - it take 1 to 2 3M candles before it makes massive runs And this works well as DXY currently at the lower bottom of the channel, after a failed swing high. At is current rate, It is expected to jump to 101, to hit the resistance of the failure swing, and then drops . The look of that 3M candle closing like that, another candle starts with wick up, and then down is what am anticipating creating a 3M candle that has broken under the channel - giving Euro the advantage.