Rounding Top Pattern

The chart shows a Rounding Top formation, a classic bearish reversal pattern where bullish momentum gradually fades and the market transitions from an uptrend to a downtrend.

1. Uptrend Formation – Price initially moves upward with steady buying momentum.
2. Top Formation – The market begins to slow down near the peak, forming a rounded structure.
3. Distribution Phase – Buyers and sellers reach temporary balance while momentum weakens.
4. Bearish Pressure – Lower highs start to appear, indicating increasing selling pressure.
5. Support Breakdown – Price breaks below the key support level, confirming the bearish reversal.

The rounded structure reflects a transition phase where bullish strength weakens and sellers gradually take control of the market.

The breakdown below support confirms the Rounding Top pattern and suggests a potential continuation of the downward move as selling pressure increases.

📘 For educational purposes only.
🙅 Not SEBI registered.
❌ Not a buy/sell recommendation.
🧠 Purely a learning resource.
📊 Not Financial Advice.