SELL JP225 – 56966

The trade is based on a high‑quality sell‑sweep entry at 56,966 where the price broke a well‑defined order‑block that formed during the London session, confirmed by a LONDON_MSS_REVERSAL pattern and a surge in volume indicating aggressive selling. Although the OBV shows a short‑term conflict, the overall multi‑timeframe view is neutral, and the H4 chart assigns a 23 % bearish bias, supporting the downside bias. On the fundamental side, the recent meeting between Prime Minister Takaichi and BOJ Governor Ueda has revived expectations of another rate hike in April, strengthening the yen and creating a risk‑off environment that typically depresses the Nikkei 225. Additionally, Japan’s Q4 GDP barely grew, signaling limited domestic momentum. The combination of a robust technical breakdown and adverse macro conditions justifies a short position with a stop at 57,116 (structure level) and tiered profit targets at 56,846, 56,741 and 56,591.