I think you might be putting too much together there. The concept is basically a scenario that has high odds of playing out, but has restrictions. The favored path is a potential high at the mentioned price target and approximate date. The break point is what kills the scenario so in that case, a move below 10,480 prior to March 22 would invalidate the scenario and suggest another high probability path instead which of course would be bearish near term. The break below 10,480 is not favored (though there is always the possibility it could happen even if it does not appear likely) and as long as we bounce and make a run towards the target and stay above the break point, it remains active until that date.
A break below 10,480 by the way, is bearish but does not guarantee a crash scenario back to the old lows.
I hope this helps.