Make It or Break it GBPJPY!!

I have much fun analyzing & trading the Great Britain Pound. I'm expecting short term bullish action within the upcoming hours on GJ. Price has been moving back & forth between a 15min Uptrend Channel , while creating higher highs & higher lows during the process. I've identified a few higher lows on the chart. It's also is currently sitting above a 200 moving average after the crossover highlighted on the chart. If price break the 20 ma I set, I see it rising to the local resistance level . Nevertheless, bears could still possibly gain some momentum. I've marked my take profit area. Whats your thoughts on GJ? Love to hear your analysis & remarks!