EUR/JPY (Daily Chart) - Bullish Setup on Dual Timeframes

This pair has exhibited long-term bullishness in the form of an uptrend channel, which is good for long-term traders.

On the shorter timeframe, it has recently broken out of the inverted H&S formation, which is a bullish chart pattern.

Considering both these signs of bullishness, I think it would be a good opportunity to take a long position.

Cheers!