break the channel and continue the down trend?

FX:JPN225   Nikkei 225 Index
78 0 7
expect small rallies and/or consolidations before place short again
Comment: If break the big channel in Daily Chart, huge downside potential
Comment: alternative wave count in yellow shows some bullish potential for a 'c' wave
Comment: If the overall structure follows 12345 sequence we may see a turning point very soon
Comment: Some weakness in 15 mins chart
Comment: it seems like an impulsive down followed by a 3-wave correction in 5 min chart
Comment: Bearish Scenario on Daily Chart
Breaking the short term uptrend channel on 1 Hour
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