🔹 SENSEX repeatedly tested the VRZ High but failed to sustain above the resistance zone.
⚠️ The failed breakout and rejection back below the VRZ High confirmed the BOF setup, giving sellers an opportunity to take control.
📉 As price moved back below the key zone, bearish momentum strengthened and sellers gained control.
🎭 The failed breakout trapped bullish participants, while the rejection signaled weakening buyer momentum and supported the bearish reversal.
🔸 Wait for Confirmation – Allowing price to reject the VRZ High helped validate the BOF setup.
🔹 Follow Price Action – Waiting for the market to confirm the reversal reduced the risk of anticipating the move.
🟢 Manage Risk – The VRZ High provided a clear reference for trade invalidation and risk management.
📊 SENSEX delivered a confirmed Breakout Failure at the VRZ High, followed by a bearish intraday move.
🎯 The setup achieved a 0.30% bearish move with a 1:2 Risk-Reward.
