SELL JP225 – 56632

The entry at 56,632 targets a sell sweep where the index formed an equal‑high‑low pattern and immediately filled the preceding gap, indicating aggressive seller control. Volume spikes confirm the move, while the H4 chart shows a 21 % bearish retracement and the higher‑timeframe trend remains down, providing a clear multi‑timeframe confluence. The stop is placed at the recent structural high (56,782), preserving risk. On the fundamental side, Japan’s Q4 GDP grew only 0.2 % annualised, missing expectations, and the yen weakened to around 153 per dollar, reducing export‑driven support for equities. Combined, the technical breakdown and weak macro backdrop justify a short position with tiered profit targets at 56,512, 56,407 and 56,257.