There are 2 interesting WW (Wolve Wave) patterns on the .
Both are annoted, red one is the most obvious.
We are now in the "5" areas where it's very interesting to set some long orders.
WW Pattern: http://www.investopedia.com/articles/trading/05/040405.asp
Falling wedge: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:falling_wedge_reversal
Related ideas (just below) to see proven WW reactions.
We're now close from the target and could initiate a new trend.
How could it ends ?