EURUSD Long-Term Breakout Setup? Wyckoff + High Volume Breakout

Euro/US Dollar FX:EURUSD

gsdr3112

📍 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)

source https://www.tradingview.com/chart/EURUSD/G85R91nQ-EURUSD-Long-Term-Breakout-Setup-Wyckoff-High-Volume-Breakout/

source https://www.cryptomadden.com/2025/06/eurusd-long-term-breakout-setup-wyckoff.html