PotentFX

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 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 

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

PotentFX Updated 

NZDJPY has consistently adhered to the uptrend line within the context of a rising wedge pattern, signaling the potential for a significant downward movement shortly. TP and SL are marked. Always follow risk management

PotentFX Updated 

Once again, fundamental indicators are taking precedence. NZDJPY has recently formed a double-top pattern, coupled with the emergence of a rising wedge formation, suggesting a potential short signal. TP and SL are marked. Risky trade therefore strictly follow risk management

PotentFX Updated 

It appears that GBPCAD has breached the uptrend line, signalling potential downward movement. We anticipate a decline with a rebound expected from the current position. Take Profit and Stop Loss levels have been identified. Remember to prioritize risk management at all times.

PotentFX Updated 

EURGBP appears poised for a bullish surge. The setup is straightforward: anticipate a breakout followed by a retest of the support level, where rejection is expected before an upward movement ensues. Follow risk management

PotentFX Updated 

The EURJPY has retraced back to our designated sell zone, presenting another favourable opportunity for a short position. TP and SL are marked. Always follow risk management Check our past performance

PotentFX Updated 

EURCHF has exhibited bullish momentum, surging by over 500 pips and breaking above the downtrend trendline. Nonetheless, we anticipate a retracement towards the support level.

PotentFX Updated 

EURJPY has formed a double top pattern along with rising wedges, confirming a sell signal. Additionally, other JPY pairs have begun to decline, indicating that EURJPY is likely to follow suit. TP and SL levels have been identified. It is crucial to adhere to risk management principles at all times.