Ciba
Long

LONG after bounce on LT MA

FX:GBPJPY   British Pound / Japanese Yen
116 0 0
Continuing with last idea, TP off of failed attempt to get beyond 400MA. Going LONG for that reason, RSI crossing 40, and MACD cross. Confirm LONG position with RSI crossing above generally placed bearish line (created by SHORT position last Friday), as well as MACD signal cross of zero. Danske TP at 171.9 off of position of 171.8. They indicated they would like to go in LONG at a lower level. Therefore, tight stop on this LONG.
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