ETN Retracement rebuy/trade Idea

poss

  1. Hard & Soft Downward Trend crossing, impossible to sustain. ETN gets smashed down.
  2. ETN re-tests Hard Downward Trend but gets smashed hard once more.
  3. ETN find support at the double bottom that also correspond with support trend from previous rally.
  4. ETN smashes through the hard downward trend with ease.
  5. ETN smashes against the soft downward trend over and over again until they eventually break above.
  6. Possible continuation: ETN bounce again the soft downward trend as support and keeps a slow rally along the long term (green trendline).
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