The other possibility that it will break downwards as the price has been going sideways for a few days. Therefore, set sell orders just below a large low at 121.075. Set the take profit for the at 120.650 and as I said before, it's a big triangle which could cause big movements; in which case, set another, smaller order with a take profit level at 119.800.
EDIT: Forgot to say because it's breakout trading ensure you have tight stops enabled because it could swing the other way very quickly! (Especially with high-impact meetings the US coming up!)
If you play it right you might even hit your targets for the week.