Thoughts on CADJPYCanadian Dollar/Japanese YenFX:CADJPYpinosoGood afternoon, everybody, The thoughts I have about the market in CADJPY is still bullish but there is a potential reversal zone between 117.963 and 118.20 for a bearish position. From previous days and in for 4H charts the market has been in bullish trend and based on geometric patterns, it is expectable to finish the impulse up to 117.300 approximately. This doesn't mean it should start go bearish, but it's the completion of the rectangle pattern after giving an entry point and the same amount of pips. Being said this, a bearish possibility is at PRZ 117.963 and 118.20 for bearish position (not yet happening, we are still pips away). The pattern shown is a shark pattern for its double entry at 1.28 fibonacci approximation. We will just have to wait and wait for candle confirmation in the PRZ. As for now, a bullish position entry could happen after bouncing at 116.800 price but we will need a pulse, retracement, bounce and candle confirmation at that price and SL can be 116.500 with TP at 117.300. It is all waiting until the market tell us what to do based on the candle confirmation. Chart snap link: