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BatterT
Jan 19, 2018 12:33 PM

Bullish Flag Pattern Long

XRP / U.S. dollarBitstamp

Description

The pole is the result of a vertical rise in XRP and the flag results from a period of consolidation.
The breakout from a flag often results in a powerful move higher, measuring the length of the prior flag pole A=B
This also an important Fib. Resistance level (23.6%)

What are your thoughts?
Comments
jmana
Another one that went sideways.
ramonbenavides12
Very good read!
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