Prices were contained within a downward trend line until prices broke through at wave a-b. Prices then formed right shoulder at wave b-c, retesting downward trend line, rejecting and then breaking through the inverse head and shoulders neckline at wave c-d. Prices seem to be retesting neckline before its next move up. If prices stay above the neckline at the .236 retracment level then the next target could be .382 level. S/L could be placed just below the critical level located below .236 retracment level and neckline.