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In the Canadian’s chart, we see an interesting thing. An upward triangle has formed which may be a signal for further growth. This is indicated by the designated resistance, which has already been tested 5 times, and I know that the more often the level is tested, the weaker it is. So we have a better chance of breaking the price up and increasing further.

I have marked an alternative downside scenario in the picture. If the price leaves the local trend line, we will wait for the support level. When it is punctured, it is possible to enter during the correction which I marked with a blue arrow.

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