PotentFX

PotentFX Updated 

This GOLd's new record is probably SL hunting. Going to Sell again No over trade Once trade hit 100 pips move SL to Entry

PotentFX Updated 

Gold is ready to sell. The setup speaks for itself Hold with patience Do not over risk Use proper risk management All the best

PotentFX

After creating a new record, gold appears to be facing selling pressure, as seen on the weekly chart. With this seller pressure intensifying and gold struggling to push higher, we may have a good opportunity to gain pips.

PotentFX

After creating a new record, gold appears to be facing selling pressure, as seen on the weekly chart. With this seller pressure intensifying and gold struggling to push higher, we may have a good opportunity to gain pips.

PotentFX Updated 

Gold has seen a strong bullish trend, with a 27% gain year-to-date, largely driven by political and economic dynamics. However, chart analysis suggests the upward momentum may be overextended, indicating the likelihood of imminent institutional profit-taking. In comparison to other assets, Friday's price surge appears more characteristic of stop-loss hunting than...

PotentFX Updated 

The weekly chart shows gold in a clear uptrend, consistently respecting the lower trendline, which has been touched four times. As the price approaches the fourth touchpoint, it suggests the uptrend may be nearing its peak. However, there could still be some room for an upward move towards the upper trendline. If a rejection occurs after reaching this level, it...

PotentFX Updated 

USoil has created a lower low on a daily chart. In the process, XABCD pattern gives us an indication of a bullish movement. TP and SL are marked. Always follow risk management.

PotentFX Updated 

Gold hit a new high and in the process, It seems Gold has formed an ABCD pattern indicating a bearish Swing setup. From the pattern, we can expect the target to be 2380. TP and SL are marked Do not over risk Do your analysis before taking this trade

PotentFX Updated 

Gold remains bullish due to strong fundamentals, which continue to support the market. However, buyers have struggled to push prices higher, leading to a battle between buyers and sellers. Recently, buyers have shown signs of exhaustion at the current price level, with candlestick patterns indicating that sellers are gaining strength. TP and SL are marked Risk no...

PotentFX Updated 

Nas100 is expected to continue a bullish movement after slight consolidation. The classic bullish structure is developed giving us confirmation to open a buy position. There are some fundamentally related risks involved however, the risk-to-reward ratio has tempted us to get on the opportunity. Risk no more than 1% Always follow risk management Do your...

PotentFX Updated 

The GBPNZD has been in an extended uptrend for some time. However, it has now formed a double top and a rising wedge pattern, both of which respect the existing uptrend line. These formations suggest that a bearish reversal may be imminent. As always we only share SWING setups TP and SL are marked No over risk Once the trade is in 70 to 100 pips in profit. Move...

PotentFX Updated 

On a daily chart, Oil has broken out of a downtrend and is experiencing rejection on the retest of the trendline, confirming a bullish continuation—a good Risk-to-reward ratio setup. TP and SL are marked Risk no more than 1% Follow for more swing trade setups

PotentFX Updated 

Gold bearish is expected after creating a new high. A rising wedge on the daily chart and Dollar strength will likely push gold down. TP and Sl are marked Risk no more than 1% Swing trade

PotentFX Updated 

It is on the uptrend but overextended. A pullback is coming. Maybe a sharp drop Risk no more than 1%. Once a trade is in 70 pips profit, set BE

PotentFX Updated 

Due to the risks associated with conflict and recession rumours in the US, investors turn to safe-haven currencies like the Euro and Swiss franc, leading to their appreciation. However, the CHF is currently adhering to a downtrend line, suggesting a potential for bullish movement. TP and SL are marked. Swing Setup might require to hold to weeks or months Risk no...

PotentFX Updated 

After reaching a new high, BTCUSD faced rejections with each upward attempt, resulting in the formation of a downtrend. This downtrend is expected to persist unless the trendline is broken. Currently, BTCUSD is experiencing another rejection, and if this rejection is confirmed at the top of the trendline, it indicates a bearish outlook. -TP and SL are...

PotentFX Updated 

Gold has recently pulled back after reaching a new high, indicating a potential bearish trend. However, the market has largely been driven by fundamental factors, both political and economic, and more such factors are anticipated. This makes it difficult to be completely certain of a bullish or bearish trend. The market direction could change with the uncertainty...

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