Trading using two pivots: Forex - GBP/JPY, medium term analysis

GBP/JPY confirmed it's upside bias when the price was closing above the confirmation rectangle, initially, the currency pair was situated above the 137.22 pivot level and only needed a confirmation for entering long, targeting 145.91 (127.2 Fibonacci level of the 126.43-141.74) - my entry was a little late - it should have been around 141.5 but I've decreased the lot on it because the stop-loss is placed on the 137.22 medium term pivot level.