Ciba

Still HOLDING LONG (We may have seen this pattern before)

Long
FX:GBPJPY   Livre sterling / Yen japonais
0
So that spike yesterday and downturn was (as I've been reading here and there) was a reaction to a down turn in the Nikkei because of the JPY consumer tax hike. HOLDING LONG due to the following:

1) Still above the LT trend line
2) Price has not dipped below the last CCI LONG signal
3) RSI (outside of that jump&dive yesterday) still signals Bull Trend
4) Again, I follow Danske Bank. They're still holding LONG looking for 173.15 with a STOP at 169.5

Whoa, there was a jump as I've been typing this...

So, yes, we've this pattern before right before the last rise...

Clause de non-responsabilité

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