W Formation on EURJPY showing strong upside to 157.57

W Formation formed on EURJPY.
Broke out and now is showing upside momentum.
7>21>200
RSI>50 (Higher Lows)
Target 157.57

SMC
Sell Side LIquidity Order block where SM is sweeping sells and buying into them.
Hence we placed a stop loss just below this order block...

NOTE:
This formation is a W Formation and NOT a Cup and Handle because the second rounding bottom is more than 50% of the first rounding Bottom.
If the height was less than 50% then it'll deem it as a Cup and Handle