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DeltaTradingAT

Long - CAT

Long
Caterpillar (NYSE:CAT)  
DeltaTradingAT  
NYSE:CAT   Caterpillar
Support and Resistance Candlestick Analysis Volume
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supportandresistance candlestick volumestudies
CAT gives a early entry here after having 2 reversal candles into a support area and exhausting volume.

Pros:
  • 2 reversal candles
  • exhausting volume
  • rejection of support area
  • good Risk Reward Ratio

Con:
  • no confirmation

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