HOW TO TRADE INDICES

JP225- While price is still confined to the daily descending channel, bias remains bearish. Invalidation of the channel and the bulls will resume dominance.
Expect price decline down to 59000 price level.

JP225- On the 4hrs, price formed a broadening descending channel, as it moved from the upper boundaries of the daily channel to the Lower boundaries of the daily channel.
Expect sell continuations within the 4hr channel today.
Invalidation of the broadening channel will indicate price will resume rally back to the upper boundaries.

Just stick to the bearish narrative

Where will you be selling from

yeah. expecting only sells.

JP225-This is my trade setup. will be selling from 63600 price level(red box). watching out for confirmation before entry

The break below the 63,000 support is technically significant because it shifts that zone from demand into a potential resistance area. watching for a retest of 63,000–63,300 to see if sellers defend it with bearish rejection. If that happens, it would strengthen the case for continuation to the downside, while a sustained reclaim above the broken support would weaken the current bearish structure and warrant a reassessment of the bias.

The break below the 63,000 support is technically significant because it shifts that zone from demand into a potential resistance area. be watching for a retest of 63,000–63,300 to see if sellers defend it with bearish rejection. If that happens, it would strengthen the case for continuation to the downside, while a sustained reclaim above the broken support would weaken the current bearish structure and warrant a reassessment of the bias.

The descending channel continues to define the higher-timeframe order flow, so selling rallies while price remains below the channel resistance. A clean breakout and daily close above the upper boundary would be the first technical signal that bearish momentum is weakening. Until then, be watching for bearish rejection on pullbacks, with the 59,000 region remaining a reasonable downside objective if the current structure stays intact.

The 4-hour broadening channel provides a useful framework for today's price action. While price remains below the upper boundary, favour continuation sells on rallies, especially if bearish rejection and displacement appear at resistance. A decisive breakout above the channel with strong momentum would invalidate the short-term bearish structure and increase the probability of price rotating back toward the upper boundary of the daily descending channel.

yeah. watching out for this. but if it gets invalidated, then I'll start considering a bullish perspective.

Do you have a setup for the sells?

The setup looks clean

You should be triggered by now