AUDJPY

Whilst I am waiting for the strongest vs weakest pairs to retrace (and in particular USDCAD!!) my pet project is moving along: AUDJPY. The turgid advance off last week's low is the main reason I have had to change my approach to only trade retracements in established trends. My EW counting has got better over the years but it is still very frustrating getting the counts right but price doing nothing in a corrective or turning point and burning up time. But for now, I am keeping this pair going and hope it becomes an established trend in due course, providing the just rewards for my stoicness! I have added in a Pitchfork that seems to fit the price action thus far off yesterday's low and retracement point. It is not a standard Andrew's Pitchfork but seems to do the job thus far. Target is approx 93.80 where the Trendline's FLD sits (green line - top right). Fingers crossed, although expect price to chop its way up and it has got to clear the cloud first.