OK. I'm going to give it my best show at explaining this. I hope it works for you.
The figure above shows the situation in your original figure. I have indicated a
control volume in the figure (between the red dashed lines) into which fluid is flowing in, and out of which fluid is flowing out. The rate of flow in is equal to the rate of flow out.
I have also shown a Before picture in which a small parcel of fluid is about to flow into the control volume at time t. I have also shown an After picture at time t + Δt in which the entering parcel has just fully flowed into the control volume, and another small parcel of equal size has just flowed out. So the net effect during the time interval Δt is that a mass of fluid equal to ρvAΔt has flowed in, and a mass of ρvAΔt has flowed out. The horizontal momentum of the mass flowing into the control volume during the time interval Δt is ρv
2AΔt, and the horizontal momentum of the mass flowing out of the control volume during the time interval is zero. The vertical momentum of the mass flowing into the control volume during the time interval Δt is zero, and the vertical momentum of the mass flowing out of the control volume during the time interval is -ρv
2AΔt. So the rate of change of momentum of the fluid passing through the control volume over the time interval is:
Rate of change of horizontal momentum of fluid = ##\frac{0-ρv^2AΔt}{Δt}=-ρv^2A##
Rate of change of vertical momentum of fluid = ##\frac{-ρv^2AΔt-0}{Δt}=-ρv^2A##
These rates of change of momentum require forces to bring them about. These forces are applied to the fluid by the pipe wall. The pipe wall in the L pushes backwards against the fluid in the negative x direction with a force equal to the rate of change of horizontal momentum. The pipe wall in the L pushes downward on the fluid in the negative y direction with a force equal to the rate of change of vertical momentum.
I hope this helps. If not, I've given it my best shot.
Chet