20200301 - GBPJPY setup idea for Sell

in GBPJPY, price has been moved between 141.00 - 144.00 for 2 months since early Jan 2020 until end of Feb 2020.
The market direction is downtrend. We are waiting for the setup where the price will make a pullback to 141.00.
If we draw a fib high to the low, fib 61.8 is also allign with the 3rd touch in the Trendline as well which have the other confluence for this setup.
Risk Reward Ratio is 1:7,5.