Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the lines are horizontal . Confirmative line Chikou Span has crossed the price chart from above, current cloud is descending. The instrument is trading around lower border of the cloud. The closest support level is the lower border of the cloud (4893.6). One of the previous maximums of Chikou Span line is expected to be a resistance level (4732.2).
On the daily chart Tenkan-sen line is below Kijun-sen, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument has been corrected to the Tenkan-sen line. The closest support level is Kijun-sen line (4905.0). One of the previous maximums of Chikou Span line is expected to be a resistance level (4735.5).
On the both charts the instrument is still falling. It is recommended to open short positions at current price with the target at the level of previous minimum of Chikou Span line (4732.2) and Stop Loss at the lower border of the cloud (4893.6).