EURJPY Long

Looking for longs on this pair next week.

Price sits at the bottom of a long standing ascending channel and looks to have just completed a push to the downside.

We will wait for the upward move to start to confirm the push to the downside has finished / give further validation to the ascending channel

I will be trading this one cautiously (hence why TP isnt toward the top of the channel) - purely because Im long on euro in a few trades, and the recent euro rally could see profit taking / sharp dips in price.

As always, the position indicated on the chart just gives a rough idea of what im looking for - await price action confirmation.