THE TWO SIDE PRONGS ARE THE BIRDS TAILS GOING TOWARD THE SOCKET IT COMES TO THE BIRDS LEG, GOING TOWARD THE BLADE TIP IT CURVES AROUND TO FORM THE 2 BIRDS HEADS. THE PEACOCK WAS OFTEN USED IN INDIA AND ROYALTY LIKED TO HAVE THEM AROUND THEIR GARDENS BECAUSE THEY WERE BEAUTIFUL ,MADE GOOD WATCH BIRDS AND WERE VERY TASTY.

THE HOLES COULD FORM A SECONDARY DESIGN WHICH COULD BE TIGER OR SKULL

I WOULD CONSIDER IT A CEREMONIAL OR DECORATIVE POINT FOR PROCESSIONS.
THE CHINESE MOSTLY FAVORED THE HO-HO BIRD OR PHOENIX AND LATER EUROPEANS TALKED OF THE LYRE BIRD OR BIRD OF PARADISE. I DON'T KNOW IF THE PEACOCK WAS THE REASON FOR THE LEGEND OF THE PHOENIX OR NOT BUT BOTH IT AND SOME OF THE ORIENTAL PHESANTS WOULD BE CONTINDERS.