The north London club currently sit fourth on the table, three points behind league leaders Arsenal, but Townsend is of the belief they can improve that position by season’s end.
"The sky's the limit for us if we can gel quickly and start winning games," he told talkSPORT.
"You can't really nail down a position. Other teams around us are dropping points so it's going to be tight, so who says we can't be up there in the top three?”
For the big stories and the banter follow us on Twitter: @tribalfootball