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Gpbjpytechnical

Ghost Traders FX GBP/JPY Bearish Trend Forming [SHORT]With the BOC about to make an interest rate decision change not seen since the 2008 financial crisis, it really does leave the market to guess... are we going to see another HUGE drop like we did in July last year. Bearish structure looks to be forming, but could still see a sweep above before continuing down, alternatively if price puts in a new low I believe it's much more profitable for big money to send this to 178.75 before the potential of a long-term bull trend continuing. Trade Record for GTFX stands at 126 wins, 17 breakevens, 7 losses with a 94%+ W/R & +2670 pips gained. Best of luck to everyone.
Short
by GTFX_Trading
GJ- GBP / JPY ANALYSIS UPD- 31st-4th- BOLO For PAM Signal/SetupS / S = Signal / Setup PAM = Price Action Market... BOLO = "Be On Lookout" "Be On The Lookout" As Of Right Now I Don't See Any Price Action Market Trading Signals / Setups. I Will However Wait For The Market To Make Contact With The Daily Time Frame Chart Market Level Of Support... Then I Will React... *****Wait For The Market To ACT... Then As A PRICE ACTION MARKET TRADER... I Will REACT...***** ON ALERT::::::: As Of Right Now... There Is No Signal / Setup On The DTF Chart As Of Yet. Just To Be On The Right Side Of Caution & The Process Of Things. I Will Wait For The Formation / Creation Of A Price Action Market Trading Signal / Setup That May Form At / From The DTF Support Level
by DMAFXTRAD