When Textbook Meets Extremes: Perfect Inverted Head and Shoulder

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📌 ASAHI INDIA GLASS | Weekly Timeframe

🧩 Pattern Breakdown (from a textbook lens):
-Left Shoulder: Formed after the Sept–Nov 2024 rejection
-Head: Created around Feb–May 2025 with a deeper dip
-Right Shoulder: Built through June 2025
-Neckline: ₹750–₹760 zone, tested multiple times
-Breakout Candle: High conviction — wide-bodied, strong close, with 17.61M volume

📘 According to classical technical analysis, Inverted Head & Shoulders patterns often signal a trend reversal. What's notable here is the context — the structure has developed after a sustained move upward, not from a bear phase.

🎯 The candle breaks above a long-standing supply zone with size, volume, and conviction — yet its location at the top makes it structurally interesting and unusual when viewed through traditional pattern psychology.

🚫 This is not a tip, call, or directional bias — just a visual log of structure and volume behavior.

💬 Chart interpretations welcome in comments.

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