PotentFX

PotentFX

We've observed Bitcoin encountering resistance within the designated sell zone. Failure to breach this level may precipitate a downward movement, potentially leading to a direct decline to the $40,000 mark.

PotentFX Updated 

Once again XAGUSD pulled back to the buy zone. It broke the downtrend and reversed to our buy area. We expect a bullish continuation from this area. TP and SL are marked. Always follow risk management. Note: Since the weekly candle is red and it is Friday, the Price may be pushed down to 22.20. Therefore, adjust your risk accordingly

PotentFX

Similar to other indices, the DAX is currently experiencing a bullish trend. However, there's a possibility of a pullback in the near future. Given its historical behavior of respecting the trendline, we anticipate it will do so again this time. Take-profit (TP) and stop-loss (SL) levels have been identified. It's imperative to adhere to proper risk management practices.

PotentFX Updated 

US30 reached the top of the trendline. Last week's candle closing RED confirms a bearish move coming. SL and TP are marked. Always follow risk management.

PotentFX

Simple break and retest structure. Our last trade hit TP1 and closed at breakeven TP and SL are marked. Always follow risk management.

PotentFX Updated 

Nas100 is on an uptrend due to fundamentals however we can see it has reached the top of the trend on the weekly chart and on the daily candle chart we are seeing a breakout confirming the end of the uptrend. TP and SL are marked. Always follow risk management.

PotentFX

Our last trade gave us almost 2000 pips before closing at breakeven. However, we still see a bearish setup. We will be looking to take another sell position after some confirmation

PotentFX Updated 

EURUSD has been in an uptrend for a while. However, if we zoom out and focus on the weekly structure, we find that it is going for a retest of a broken trendline. Therefore, we expect a rejection on retest. TP and SL are marked. Always follow risk management. All setups we share are swing trades. It may take several weeks to hit the target. TP 1: 1.0750 TP 2: 1.0500

PotentFX Updated 

Silver has broken above the downtrend and was rejected on the retest which confirms bullish movement. TP and SL are marked. Always follow risk management. Reach out if you are interested in high-accuracy setups

PotentFX Updated 

BTC is ready for pullback. TP and SL are marked. Always follow risk management.

PotentFX Updated 

NZDCHF had been in a downtrend for months however, it seems to have broken above the trendline thus indicating a bullish continuation. TP and SL are marked. Always follow risk management. The market is volatile so better reduce your risk size.

PotentFX Updated 

NZDJPY Sell as rejected after retesting of the trendline. TP and SL are marked. Always follow risk management. Move SL to Breakeven after 50 pips in profit

PotentFX Updated 

GOLD is again ready for push-high. Check the history, we took profit on sell and again buying. Alert might be pushed down to 2021 before flying again (less likely but possible). TP and SL are marked. Always follow risk management.

PotentFX Updated 

GOLD is currently retesting the broken trendline. We can see rejection on a daily chart and setting for a big drop. TP and SL are marked. Always follow risk management.

PotentFX Updated 

Gold is retesting the broken trendline. We expect a bullish move from the current position. TP and SL are marked. Always follow risk management.

PotentFX Updated 

It is time to sell GBPJPY. Rejection is visible on the daily candle. TP and SL are marked. Always follow risk management. Note: SWING TRADE SETUP- except to hold for weeks

PotentFX Updated 

This setup is risky because we are going against the trend. Not much to say just going to take this risk based on candles and whatever goes up comes down. TP and SL are marked. STrickly follow risk management

PotentFX Updated 

US30 had a good bullish run creating a new all-time high but what has gone up must come down. On a weekly timeframe, we see an uptrend which has reached the top of the trendline and is rejected on the daily timeframe. A pullback is highly likely from the current position. TP and SL are marked. Risk-to-reward is attractive. Always follow risk management.