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thebumtrader

XRPUSD - Healthy Pullback Formed A Bull Flag

XRP (BITSTAMP:XRPUSD)  
thebumtrader Updated   
BITSTAMP:XRPUSD   XRP
Flag Chart Patterns ripple xrpusd Bullish Flag
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flagpattern chartpattern ripple xrpusd bullishflag
XRPUSD

Time frame - 4H


While everyone's attention is on TRXBTC , mine is on Ripple.
It's been a ride since it broke out a few days ago. But then it does not seem to tire
because we are going to see another spurt of price action this week!

PAY ATTENTION TO THIS PAIR GUYS!

Good luck! ;-)
Trade active:
BREAKOUT = STRONG BUY

snapshot
Comment:
Broke out of the bull flag and above the 20 period moving average (yellow line)
Comment:
It's been a few hours after the price has broke out of the bull flag but it did not go up so the pattern is invalidated. The price is now consolidating to accumulate volume and gain some momentum.
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