So far it's right on script thus far, we got the push higher to test previous highs and now seeing if the reversal will follow to complete the longer term (13 year) consolidation pattern down to long-term support within this very big 20%+ bull flag that should ultimately resolve to higher prices.
Of course, it can take off from here as well. But from a risk-reward standpoint this is a key area for both short-term bears & long-term bulls. Key areas do not occur every day so it is important to be able to identify and take advantage of the great risk-reward.