JP225 4H: Short Setup Only If 3 Criteria Are MetJapan 225 IndexPURPLETRADING:JP225LIVERMORE333 EMA Structure: The EMA 20/50 Death Cross remains intact. However, both EMAs are currently curling upward, and the spread is narrowing. This indicates strong counter-trend momentum, making premature shorting risky. Price Action: Closed at 65,789. Price is currently testing a critical resistance zone where the EMA 50 and the VPSR POC (approx. 65,808) converge. Standing aside for now. No exceptions. I am waiting for the following three conditions to be met on the 4H closing basis: Price must close clearly below the POC (65,808) and EMA 50. The recent swing high (66,523.44) must hold. (The scenario is invalidated if the 4H candle closes above this level). EMA 20 slope must flatten, and the narrowing of the EMA 20/50 spread must stop (confirming momentum exhaustion). The first 4H candle of the week is for "confirmation," not for entry. We are seeing a collision between the macro bearish structure (Death Cross) and the short-term bullish rebound. "Staying out of the market is currently the biggest edge." #JP225 #Nikkei225