GBPJPY This is why I start with the weekly

As you can clearly see on the chart this pair is respecting the trendline. 148.00 is confluence. A sustained break and close above and we may have a push back to 152 minimum and 155 maximum. I am wait for a close above to get long here, with a stop at 146.45. I believe this offers a excellant rr to those who are patient enough to stay in this trade for the long run. With a weekly ATR of 330 , this will take a couple of weeks to play out. But please remember this, you can set it and forget, check once a day and go on with your life. I have found on trading the weekly, less stress, better risk to reward and less emotional involvement which is the achilles heel to most amateurs.