EURUSD- 2 Year Trend Line Broken

This and AUDUSD are quite similar. Has the slide ended? The January Effect (Peter Brandt) roughly states there is a good possibility the annual high or low of the EURUSD happens in January. That being said, there is a pretty good case the a new uptrend is starting. I can see an initial 200 ish pips trade in the works. Going to the 240min. chart