AMA_FX

A conclusive analysis of Caterpillar.

Short
NYSE:CAT   Caterpillar
Hello
What is very important for me in this cart is the lower boundary line of Ending Diagonal (if it is correct) and also Blue channel.
If my counting is correct so we will lower boundary line break out in the next days and this trend should respect to that blue channel.
Please consider volume correlation with sub-millennium counting.
My strategy for this chart is to wait for lower boundary (Orange line) break out and then see that rebound in the confirmation area 1 and then get a sell position.
Thanks

AMA
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.