EURUSD Long-Term Breakout Setup? Wyckoff + High Volume BreakoutEuro/US DollarFX:EURUSDgsdr3112📍 Chart: EURUSD — Monthly 📈 Tools Used: Wyckoff Logic, Volume Profile, Candle Volume Analysis, Trendline Structure — 🔍 Market Context Since 2015, EURUSD has been ranging between ~1.05 and ~1.15, forming a broad horizontal consolidation zone. This structure appears to resemble a potential long-term accumulation phase, according to Wyckoff theory. Recently, we've seen a breakout of a multi-year descending trendline, accompanied by a candle with volume significantly above the historical monthly average. This is not a minor signal — it could indicate strong institutional interest and a possible Change of Character (ChoCh). — 📊 Volume Profile Observations - Volume has been heavily concentrated around the 1.13–1.14 region, suggesting this may act as a springboard for higher prices. - The breakout candle didn’t yet escape the overall range, but its volume and momentum show a clear deviation from previous attempts. — 📐 Technical Structure - ✅ Break of descending trendline (in place since 2008 highs) - 🔺 Monthly close above trendline with strong volume - 🟧 Price still within the upper half of the 2015–2024 range and pushing — 🧠 Wyckoff Interpretation This could be a Phase D transition — where price begins testing the upper boundary of the accumulation. If a breakout above 1.20–1.22 occurs with confirmation, we may see Phase E: the mark-up. In this case, a major macro trend shift may be underway. — 📌 Conclusion EURUSD may be in the early stages of a long-term bullish reversal. Volume, structure, and context all support this hypothesis — though confirmation would come only with a decisive breakout from the range. Many trades and allocations oportunities on the way. Not financial advice. Educational use only. — 🧭 What to watch next: - 🔹 Monthly close above 1.16 (high volume candle) - 🔹 Volume confirmation in breakout - 🔹 Retest of volume cluster around close of high volume candle (1.13-1.14)