$OPEN is flagging after a massive vertical run, digesting gains around the mid 6s. This is classic consolidation after expansion, not a collapse. As long as price holds the flag structure, the bigger trend remains intact. Resolution will decide the next major leg.
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$OPEN is flagging after a massive vertical run, digesting gains around the mid 6s. This is classic consolidation after expansion, not a collapse. As long as price holds the flag structure, the bigger trend remains intact. Resolution will decide the next major leg.