As you can see the development of flags and pennants have formed three times now. Two of those times it popped and went higher. What do you think will happen this time? I used Heikin Ashi but you can see it with normal candlesticks too. Though in normal candlesticks it's more well defined in it's current flag/pennant formation. If you look at the Fibonacci levels you can see that it broke above the .618 level and was pushed below it. Now it looks to retest that soon after consolidating a bit in the flag/pennant formation.
Nota
That didn't pan out, well I think there will be a move to the upside soon. There has been a gap that formed and rarely do they go without being filled in the short term.
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