Visionary17

Visionary17

So far we see our secondary count playing out. No reason to go for longs yet. We're still waiting on the peak to lock the low. Happy trading *Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*

Visionary17

Hey guys!! I hope you all had a good weekend. Right now, EU has reached 3xADR meaning a reversal is the next likely outcome. The daily is trending short and we also have a bullish harmonic on the H4. With that being said, we also have an alternative count to continue to the downside. For those of you who are more experienced, be ready to trade both ways tomorrow...

Visionary17

Hey guy! I hope everyone had an awesome trading day. Even though we're approaching 3xADR, I wouldn't be surprised if the EU continued to drop since we have a macro M on the H1. The daily is treading down so it's very possible we could see some resists short as the market makers try to trap buyers and revenge traders. Being that we are in L3, it is okay to take...

Visionary17

Hey Guys! Right now we see a macro M in L2. Seeing an M/W in L2 is very typical. Keep watch to see if price breaks daily open and continue to keep dropping If you are in this trade, manage accordingly. *Please use proper risk management when entering a trade. The information provided is not to be taken as a trade signal*

Visionary17

Hey guys! I hope everyone's week is off to a great start! From the way this week has started, it appears as EU had created a macro M and starting a cycle to the downside. We are sitting a zone flip on the daily so there is a possibility there may be some opportunities for short term buys. We do have a bullish harmonic on the H4 and the H1 showing L2 short. Because...

Visionary17

Hey guys!! I hope everyone's week is off to a great start so far. Our EU short cycle is still in play however we do see a possibility for a reset in L2. Be ready to trade both ways during London. There will be a lot of news during NY tomorrow. If you choose to hold trades through the news make sure they are managed. It's my suggestion that no one trades during the...

Visionary17

Peace guys. I hope everyone had a great first half of the week. So far our bias is playing out as expected. The market makers to tend to stand aside in L2 and let the retail traders have at it. This is one reason we tend to see most resets happen in L2. The daily is trending long and we saw the day close with a wick to a daily zone flip. On the H1 we see price...

Visionary17

We saw our long cycle play out beautifully to finish the week last week. Although the daily is trending long, we see price hanging at a daily flip zone. We're beyond 3xADR and also see a level 3 peak that has formed. We're looking for EU to continue short. We look for entries at the start of both the London and NY sessions. Manage trades accordingly. Happy...

Visionary17

We had a beautiful cycle play out long after the reset. Three clear pushes. We just under 3xadr. Today is Friday and since there isn't much news the market could very very slow for the day. Remember, the best times to enter are AFTER the stop hunt at the beginning of both the London and New York sessions with a nameable (M/W/H&S) pattern. That's it for this week...

Visionary17

It looks like our peak reset is still holding. With DXY also looking like a reset, we are looking for positions long in EU. Don't marry a direction. Keep an open mind and see the market from both a buyer and seller perspective. Happy trading. #thepowerof3s #reactdontpredict

Visionary17

Not much has changed from our previous bias but I do want to make everyone aware of a possible peak low meaning there is a chance we could see EU reset long. Trade safe and keep an open mind when taking a position. #thepowerof3s #reactdontpredict

Visionary17

We're just under 3xadr and could see the peak form soon. The long cycle played out very nice. While it is safe to trade both ways in level in 3, in this situation, the safe play to wait for the peak to officially lock signaling shorts. There is a bearish harmonic on the H4 but no official peak. Remember to always use the DXY to gauge price movement on EU. Timing...

Visionary17

So it looks like we got that extension long in L3 after all. We won't be looking to sell until we have an officially locked peak. Long cycle complete. Congrats to everyone who took a piece of the action. #thepowerof3s #reactdontpredict

Visionary17 Updated 

Hey guys. We didn't get the L3 extension we were expecting. It's starting to look like EU may be ready to start the reversal into the next cycle. Although we didn't get the 50 pip close away from daily open to officially lock the peak high, we still have to respect the structure to the leaf as the peak. Price and been showing level 3 behavior with the last days...

Visionary17

Hey guys! I hope everyone had a great weekend. Often times in level 3, we see the MMs extend before setting the peak for reversal. This extension is what creates 3x the pair's average daily range. To begin the week we are looking for the MMs to continue to push the price up in EU while dropping the price in the DXY. Don't be in a rush to jump into the market....

Visionary17

BOOM! We just saw our L3 push. It's SUPER early in L3 and we'll know better when the market closes. This is to highlight the power of 3s. If you think like a retail trader you will get burned over and over again. We still have a ways to go before the price reaches 3x its average daily range. I do expect for EU to continue to rise for the rest of the week. If you...

Visionary17 Updated 

Today we saw GU drop into L3. It's early in level so be prepared for the MM to extend the level before rising. On the daily, we saw price break and close below a daily zone flip. Because we are in L3 it is okay to trade both ways. #thepowerof3s #reactdontperdict

Visionary17 Updated 

Yesterday's close gave us a locked peak. We can now look for entries long. We currently have a bullish H4 harmonic. There is an outside structure pointing short, but I believe the bigger the move will be long. Looks for possible traps through the 200 EMA on the M15. Use the dxy to gauge direction on EU. Happy Trading #reactdontpredict #thepowerof3s