πŸ“‰ EUR/USD: Major Bearish Cycle - 0.7000 Incoming!

πŸ“Š Market Overview

Timeframe: Multi-Timeframe Analysis
Market: Euro / US Dollar
Bias: BEARISH πŸ”΄

πŸ“‰ Wave Structure

EUR/USD is completing Wave 2 near 1.1500 resistance. A massive Wave (2) decline to
0.7200-0.7500
is expected - this could be a multi-year bear market!

Bearish Factors:

  • πŸ“‰ Breaking from broadening channel top
  • 🎯 Wave (2) target: 0.7200-0.7500
  • ⚠️ Multiple timeframes align bearish
  • πŸ”» Potential 40% decline from current levels

🎯 Short Setup

Entry: 1.1400-1.1500 (current resistance)
Stop: Above 1.1700
Target 1: 1.0500
Target 2: 0.7200-0.7500

⚑ Multi-Year Bear Market

This isn't a short-term trade - it's a structural shift. USD strength vs. EUR weakness could
dominate for years. Position accordingly!

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