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GER30 Finding Support at Previous levels of Support & Resistance

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FX:GER30   مؤشر داكس

Please find the the attached Daily chart on the DAX index. Price does the same thing over and over again. It seem to have done it again on the last low shown on the chart. They might go down tomorrow trying to test this low but the closing Bullish Hammer seems to show power has now changed hands from the bears to the bulls. So our attention should now move over to smaller time frames where we should be looking forward to BUYING this market using our entry strategies. I have also marked possible areas of resistance so that we do not buy into a resistance level. Hope this helps. Thank you.

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