Ripples in Ripple?

Interesting pattern I noticed when looking at the 4 hour XRP chart. I'm sure others have pointed it out before.

(Not the most precise drawings, but you should get the picture...)

Last time XRP pumped it moved in a pattern of forming a bullish pennant than moving up approximately the same amount each time.

Same can be seen with the correction.

It will be interesting to see if the pattern continues.