US30 may rise and here is why

US30 fell from 35400 last week, dropping with at least 3.40% to 34200. I marked this area as a very significant level, looking at history the market bottomed twice at around 32260 printing a double bottom, thereafter the market rallied strongly as beginning 9th March breaking above the neckline. The market currently retesting this neckline and I expect price to rise. My goals are 35790 and 36700.

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