As we can see 5 waves down on smaller time frame (where the 5th may still have a few pips to give or take) I would expect support to hold at least the first assault and that we will see a 3 waves rally up next week to test neckline of smaller time frame H&S pattern. Then comes Thursday and we will probably have decision time to continue up right away or correct deeper down to the main channel's lower boundary.
As seen on the 1H chart for the last move down, it can be counted as 5 waves down (although the 5th may be incomplete) which at the same time gives a wave A on higher degree, in which case we now can expect a 3 waves move in the other direction.
Likewise, it can also be counted as an A-B-C structure, which also can equal wave A on higher degree, but technically it can also mean that Primary wave (4) is completed, but in all cases it would mean at least 3 waves in the other direction. However, having said that, this may also turn out to be just an extension in a bigger structure still to unfold and this all is Price Action in its true sense - we can never know for sure until it actually happens, we can just calculate probabilities.