US30 WEEKLY TF ANALYSIS

The Break of structure (BOS) caused a change in trend direction after the last lower high (LH) was taken out. Price came back to test the last lower low (LL) and we can see last week's candle closed with a rejection above that level.. If we get a bullish candle close above that level, 31286, then I anticipate price to continue buying up until 34856.

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