Here I have XRPUSDT on the 4Hr Chart in what looks to be a Bull Flag!!
Price was previously in a Strong Uptrend prior to entering the pattern.
-Price gave us 3 tests of the Falling Resistance and 2 tests of the Falling Support.
If this is in fact a Bull Flag, we should expect a Bullish Break to this continuation pattern where price should continue HIGHER!
**Chart patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!!!
-Pattern Prediction-
*If price Breaks and Closes below Falling Support, pattern INVALIDATED!
*If price Breaks and Closes above the Falling Resistance, price action will initiate my Trade Action Plan!