PotentFX

PotentFX

GOLD has recently achieved a new high but appears to be losing momentum, attracting the interest of short sellers. Additionally, a lower low structure is emerging on the daily timeframe, signalling the potential onset of a downtrend.

PotentFX Updated 

EURNZD is currently in a downtrend from its recent high, with daily candles consistently adhering to the trendline. However, we anticipate a pullback and a subsequent break of the trendline. TP and SL are marked. Always follow risk management. Message me if you like and follow my ideas

PotentFX Updated 

Breakout and Rejection on Retest= SELL Opportunity Follow risk management If you like my setups message me

PotentFX Updated 

The NAS100 index is experiencing a bullish trend, consistently adhering to its established trendline and reaching new highs. It has encountered resistance at the upper trendline multiple times, suggesting another rejection at this level is likely. Do not over risk. Stay consistent. TP and SL are marked. Follow risk management.

PotentFX Updated 

The GBP/JPY pair has become significantly overextended, and on the daily timeframe, it has broken below the trendline. This development presents a promising opportunity to initiate a sell position. TP and SL are marked. Always follow risk management. Once trade reaches 70 to 80 pips in profit. Move SL to breakeven

PotentFX Updated 

The CAD/CHF currency pair has breached its uptrend line, suggesting a potential sell signal. TP and SL are marked. Always follow risk managment

PotentFX Updated 

The AUD/JPY pair is currently in an uptrend. However, there are signs of a potential pullback as it has breached the uptrend line on the daily chart and is now retesting that level. We anticipate a rejection at this retest point, followed by a pullback.

PotentFX Updated 

The USD/CHF currency pair has successfully breached the bearish trendline, signalling an end to the downtrend. Despite this, USD/CHF has surged over 800 pips without undergoing a significant correction. Consequently, we anticipate a pullback of approximately 300 pips before the pair resumes its bullish trajectory. Always follow risk management

PotentFX Updated 

EURCAD has breached the uptrend line giving us sell confirmation. TP and SL are marked. Always follow risk management.

PotentFX Updated 

In smaller timeframe Silver start to show bearish signal

PotentFX

The structure is straightforward: GBPCAD has broken below the trendline and is currently retesting it. We anticipate a rejection at this point, providing us with an opportunity to initiate a sell position.TP and SL are marked. Always follow risk management.

PotentFX Updated 

After the pullback, USDJPY is ready for the big drop. Follow risk management

PotentFX

XAGUSD is currently in an uptrend but appears overextended, having formed rising wedges that suggest a potential sell signal. TP and SL are marked. Always follow risk management

PotentFX

We have already secured over 360 pips from our previous sell setup. Consistent with our earlier analysis, NZDJPY has continued to follow the uptrend line within a rising wedge pattern, indicating a likely significant downward movement soon. TP and SL are marked. Always follow risk management

PotentFX Updated 

USDJPY had a good bull however, it is time to give back to market

PotentFX Updated 

GBPCAD has breached the uptrend line and is presently undergoing testing. We anticipate rejection and anticipate a substantial downward movement in the near term. However, it's essential to exercise caution and trade responsibly, adhering to our identified risk management principles. Be sure to review our previous analyses for additional context.

PotentFX Updated 

NAS100 shows signs of rejection on the retest of the trendline. This development serves as confirmation to initiate a trade. TP and SL levels have been identified. Always follow risk management, ensuring exposure does not exceed one percent of the total portfolio.

PotentFX Updated 

Gold has broken its previous high and established a new record. However, sustaining bullish momentum without a pullback is unlikely to be sustainable. TP and SL are marked. Always follow risk management