Price continued lower following the breakdown below the identified S.R Interchange Level, aligning with the broader bearish framework outlined in the initial analysis. However, the anticipated recovery toward the 4,227–4,241 resistance region failed to materialize, as selling pressure persisted and price extended further to the downside without revisiting the highlighted decision area. Although the bearish direction remained consistent with the original outlook, the absence of a retest and bearish confirmation at the identified S.R Interchange leaves the proposed reaction scenario unconfirmed. As a result, the outcome remains neutral from a validation perspective. The downside delivery aligned with the broader bearish bias, but the primary condition outlined in the original thesis was not fulfilled. Outcome Summary: Price extended lower without retesting the identified S.R Interchange Level. While the bearish direction aligned with the original outlook, the anticipated reaction at the highlighted resistance remained unconfirmed, leaving the thesis neutral in outcome.
Historical Research Archive