1. Global Recover: If the fundamentals are positive, then the chart will be and we will go into the 1st scenario where price continues to trade inside the channel until it reaches the were we can look for sell setups.
2. Failure: Unlike the first one, the price hasn't broken aggressively yet the resistance where it's standing, so it can move downward into the zone, trade there for a couple of days since it doesn't have great and goes down bearishly to reach the support. This scenario can be imagined if the global reaction to the vaccine remain negative or any unprecedented medical issue happens.
Until then, Trade Safe and Best of Luck !