It appears we had a touch and fail at the base of the swing zone. Based on 2016, looks like another trip through the accumulation zone (Yellow Rectangle
) is ahead, with a possible dip into the final shakeout region (Green Rectangle
) before another attempt on the swing zone. In 2016, we saw 3 failed touches/peeks into the swing zone followed by chop back into the accumulation region along with dips into the shakeout region before a full break into the swing zone. Will the script repeat?