Hey fellow traders! 👋 I've been analyzing BankNifty's recent price action on the 4-hour time frame and noticed the formation of a classic head and shoulders pattern. This pattern could indicate a potential shift from the recent bullish trend to a bearish one. 📉The head and shoulders pattern is a well-known reversal pattern characterized by three peaks - a higher peak (head) flanked by two lower peaks (shoulders). This suggests that the bullish momentum might be losing steam and a bearish trend could be on the horizon. 📉Considering this pattern, it's worth keeping an eye on the neckline support level as a crucial point. If the price breaks below this level, it could confirm the pattern and signal a further downward movement. 📉As for the expected levels till the end of the month, considering the bearish potential of the head and shoulders pattern, I would cautiously anticipate a decline towards the projected target that's calculated by measuring the distance between the head and the neckline. However, keep in mind that market movements are complex and can be influenced by various factors, so it's essential to stay updated and adapt your strategy accordingly