USD/JPY Short Setup: 30-Minute Chart

I'm looking at a potential short position on USD/JPY based on the current price action and market structure.

Entry on Retracement: 143.750 after the recent breakdown of the ascending trendline.

Stop Loss (SL): 144.000 (25 pips).

Take Profit (TP): I'm targeting multiple TPs along the way for scaling out of the position:

TP 1: 143.500 (+18.9 pips) – A conservative first target to lock in some early profits.
TP 2: 143.200 (+48.9 pips) – Close to the previous support, scaling out of a portion of the trade.
TP 3: 142.800 (+88.9 pips) – A key support level based on historical price action.
TP 4: 142.300 (+138.9 pips) – Next significant support zone.
TP 5: 141.800 (+188.9 pips) – Final target at a major psychological level.

The idea here is to capture the downward move following a potential retracement into resistance near 143.750, which aligns with previous structure. The overall bearish sentiment could drive prices lower toward the major target areas.