H4 Engulfing Candle Rejected

FX:USDJPY   U.S. Dollar / Japanese Yen
On the H4 time frame, from swing High to Low, price action presented itself with an engulfing candle on the 61.8 retracement.
Going for 1:3 Risk to Reward, expecting price to bounce once it hits near 110.000 to retest Major Quarter Point.
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