$XRP 4H: bear flag breakdown under the local base
A rejection near the recent swing high led to a staircase of lower closes. This paper setup confirms on a break below the local base and fails if price recovers above the lower-high zone.
Paper trade, 4H short:
→ entry $1.532
→ target $1.46 (R:R 1.7)
→ invalidation $1.575
#TechnicalAnalysis #PaperTrading
Not financial advice, DYOR.
A rejection near the recent swing high led to a staircase of lower closes. This paper setup confirms on a break below the local base and fails if price recovers above the lower-high zone.
Paper trade, 4H short:
→ entry $1.532
→ target $1.46 (R:R 1.7)
→ invalidation $1.575
#TechnicalAnalysis #PaperTrading
Not financial advice, DYOR.
