Here is how I see things as illustrated by the chart below. Things should resolve (the blue triangle) around April 1 Sunday US time. Breaking below the declining black dashed line says we are likely headed to new lows. Triangles are generally continuation patterns (which would be down in this case) but I think it is best to be open to a breakout in either direction. It's more about money (risk) management. Triangles are some of the best patterns to play because of the easily identifiable risk parameters.