Is 12300+ still a possibility?

The market is volatile. We expect the violent moves up and down to continue.

Since yesterday evening the price action paused , with the price moving on a $200 range (11600-11800).
The high probability scenario would be for a drop sub $11,000 (10750-11000) followed by a move upwards.
I wouldn't be shorting at this point as the market seems unsure for the moment

Invalidation of the idea, if the price moves first up above the B

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The market has moved already.
Keep an eye on price action around 11k

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Just touched the buy box

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Ready for further downside. Inside the buying zone

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Further drop did occur

Watch for reversal pattern.

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Potential high probability scenario

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The trade is already profitable so it's a good time to increase the stop-losses (Move them at the higher price)

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Wedge broke

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Happy days! Target achieved!