I just noticed this a while ago while I was observing what was happening to my GBP/USd trade on its way up..(Obviously so much of it)
Is the pair giving us a flag? Does this mean that we are about to see a prolonged USD down side across the board?
I don't know... only time will tell.
Note: Daily RSI is already in extremely oversold condition.
Good Hunting and Good luck on your trades! =)