Interesting to see inverted Head & Shoulder that was formed from early 2012 to mid-2013.
Rather well-defined head and shoulders with the neckline drawn as shown.
The inverted H&S supported a trend reversal to the uptrend.
The uptrend has completed its last wave 5, and currently nearing the end of its zig-zag correction.
Within the zigzag correction, sub-wave 5 appears to have completed and we are now looking at the start of a new uptrend wave.
The zigzag pattern appears to be a correction wedge, may even end up with the two lines converging into the apex of a triangle.
In what ever way the two lines form, it is highly likely to be a continuation of the uptrend from this point onward.
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