KIOCL Ltd

Dual Counter-Trend Zone and Market Structure Shift

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- This chart highlights a dual counter-trend resistance zone formed by two overlapping CT trendlines (marked in the shaded purple region).

🟡 Yellow Cup – Marks the origin base of the structure (assumed starting shift).
🔴 Red Cup – Establishes a Lower Low Base, still within bearish control.
🟢 Green Cup – Forms a Higher Low Base, showing a market structure change supported by a noticeable volume surge.

- The dotted trendline drawn through the zone acts as a hidden resistance confluence

⚠️ Disclaimer:
This post is non-forecasting in nature. It is not a buy/sell recommendation or financial advice. The chart is shared purely for educational and structural analysis purposes.

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