MrRenev

EURJPY: Textbook ABC

Short
MrRenev Updated   
FX:EURJPY   Euro / Japanese Yen
It's over.



It's over.

It looks very much like this NZDUSD I just posted a long for, but it is not.
Doesn't look like reversal. I can't really explain, well price didn't go as high, and extension is smaller, just whole chart zoomed out doesn't look like reversal idk.
And there is no catalyst to go up with eurjpy. I suppose these are reasons but that's not all, it feels different idk can't explain it.

Anyway here price is at resistance and bears have shown they were able to hold this level.

I want the price slightly higher for ultimate reward to risk so I can make money even if I was being wrong 80% of the time :)
Comment:
Still not filled, even with the spread.
Patience... Or maybe it going to fall and I will miss it. Happens.
Not touching anything.
Order cancelled:
Barely missed getting filled.

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