It is of course a matter of probability as to which way it breaks, and even moreso dependent on a few exogenous monetary events.

But the boundaries of breakout, subject to confirmation to weed out the headfakes, is not a mystery.

It could even resolve into a trading range, that is also well bounded, until someone pulls the trigger and turns the presses on high, or more properly, the din of their running reaches the ears of the public.