A - The market commenced the day with a gap-up but was unable to maintain its position above the trendline.
B - Operators entered the market and orchestrated false breakouts above the trendline to ensnare unsuspecting buyers.
C - A legitimate trendline breakout occurred with a target set at 44450, and this target was successfully achieved.
D - Following this, the market entered a consolidation phase around a support level. It attempted to ascend once more but faced rejection at 11:45 AM (within a 15-minute timeframe), solidifying the dominance of sellers.
E - Eventually, there was a breach below the support level, marking the victory of sellers in the market.
B - Operators entered the market and orchestrated false breakouts above the trendline to ensnare unsuspecting buyers.
C - A legitimate trendline breakout occurred with a target set at 44450, and this target was successfully achieved.
D - Following this, the market entered a consolidation phase around a support level. It attempted to ascend once more but faced rejection at 11:45 AM (within a 15-minute timeframe), solidifying the dominance of sellers.
E - Eventually, there was a breach below the support level, marking the victory of sellers in the market.
A - The market commenced the day with a gap-up but was unable to maintain its position above the trendline.
B - Operators entered the market and gave false breakouts above the trendline to trap buyers.
C - A legitimate trendline breakout occurred with a target set at 44450( major Support), and this target was successfully achieved.
D - Following this, the market entered a consolidation phase around a support level. It attempted to ascend once more but faced rejection at 11:45 AM (within a 15-minute timeframe), which confirmed the dominance of sellers.
E - Broke the support level and the seller won the match.