I heavily doubt it. Trash the timeline if you wish, but there's a marked decrease in the relationship between Link and Zelda as the series continues canonically. Ever since the Great War, Link and Zelda don't even know one another until they meet during the adventure, but in every game prior they're close friends (or maybe leaning more than that in SS). Considering I'm almost 100% certain this is a TP sequel, they won't even know one another until the adventure begins.
You should check out my YouTube channel, The Golden Bolt! I review all types of video games, both classic and modern, and I also give short flyover reviews of the free games each month on PlayStation Plus to tell you if they're worth downloading. After all, the games may be free, but your time is valuable!