Initial corrective tgt in that case would be 106,75-107.
4 Hrs: ... until it is above the Kumo and 100 . The support is obvious here as well: 108,50. is below 20, DMI lines converging, so todays attempt to break even above 109,35 will likely be faded. That means Chikou Span will hit the Price candles again, and this momentum will loose steam. Still doesn't necessarely mean it will break down from recent tops, but the chance of the correction will increase.
How to play a pull back trade? First of all wait until today's close to see how the candle forms. Then:
1. Agressive traders should play a 50 % retracement of the or the break below today's candle close strategy, which will be more or less in line with a strategy enterring short when price breaks back below Kijun Sen on the 4 Hrs . In this case stop has to be placed slightly above today's high (e.g. at 109,85)
2. Conservative traders should only play a 4 Hrs Kumo and 100 break. They need to wait for a close below 108,40 to enter short, and of course either their stop has to be at lower level, or the position size has to be smaller not to loose too much if things go wrong.
Again, initial corrective tgt would be 106,75-107. So calculate and manage your risk accordingly.