AUDJPY

Well, still a choppy bottom persists but I continue to plough on with rolling longs, banking spikes that are too close to 'due lows' on the cycle ruler in the sub-chart. I have changed to a Schiff Pitchfork for the move off the bottom which seems to be holding prices at various touch points on the smaller charts, although failing to the downside present. I banked some longs on the spike up there, as price was due to move into the 6.25day low and had been pushing the 'fld' cloud at 12.5D trend line inside MyWave. These last two studies represent the 'go with trend zone' which of course is down but I continue to do the reverse by buying up to those areas and selling. The reason: the cyclic phasing (no 13 to right of screen) is calling for the end of the 54 month cycle. I am assuming it is already in, although of course, that might just be wave 3 that pinned the Pitchfork median on the left of screen 3 times. Either way, choppy chop chop will continue until it breaks either way and for now, I am assuming it will break up.