Don't know what will happen (you know, news are shown on chart before it's arrive), but for me look like this is a flat move (primary count) to the down side and there is a triangle in the middle.
Triangle in the B move... C will be complex and will take at least 5-6 months.
Triangle always the penultimate move on their context...
In case context is correct and it's a triangle in the middle then I think the down side will start between 16th Jan 2017 and 17th April. Original context based on weekly chart, so, these are only few candles till that time interval.
Main question is the gap... will it be filled in or not...
For traders who has long position would advise to shorten their stops.
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Be carefully! This is just an idea!
Triangle in the B move... C will be complex and will take at least 5-6 months.
Triangle always the penultimate move on their context...
In case context is correct and it's a triangle in the middle then I think the down side will start between 16th Jan 2017 and 17th April. Original context based on weekly chart, so, these are only few candles till that time interval.
Main question is the gap... will it be filled in or not...
For traders who has long position would advise to shorten their stops.
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Be carefully! This is just an idea!