It looks to me like it might have been made with a 5 petal flower yo yo maker. Like this one: http://www.createforless.com/Clover+...FUFo4AodHjwASQ
I could be wrong, but that's what I'd try.
Ok, I just read underneath the picture & it says it's wired ribbon. I guess it wasn't made with the yo yo maker, lol. But it's an idea if you have fabric you want to make one out of.