After the pandemic, the situation will go "as usual", I think that now is the moment to buy, great companies at very good prices. Buy cheap.
The price will escape from "The Zone", the question is the direction! wait and take a decission
OK... we have two options, if today we are in front of bear trap, the price will be pumping to 15000$ or more, the traps are very common in the market and they permit to bulls buy a lot of options, we must pay attention to the volume indicator. IF the price break the 12600 level and bound on it, the chance of a bearist tendency is very very very strong at least...
The prices can bounce at 1.19 to try a new strike to the Resistance
If the price breaks the Strong Resistance and give us a trigger to open a big long, we can have a super profit, but, I don't see the future, my bet is the long position described in the chart. WAIT FOR THE TRIGGER!
The zone between 12900 and 12300 is critical, if the price break this support, maybe, we will wait to this levels to open a short position. ALWAYS WAIT FOR THE TRIGGER!
If the market do a failure in the actual level, it's probably a good moment to take long positions.
I'm thinking in a new trading perspective, no indicators, only horizontal lines, supports and resistances... with candles triggers