Not the best price action on CAT so far, but I’m willing to bid closer to the Monthly Open.
If it holds the current move, I’ll continue holding—otherwise, it’s showing signs of weak momentum.
The initial impulse lacked strength, but a second retest into the green block still looks like a solid entry zone.
Plenty of upside here. If
Potential 5x from here if it surprises to the upside.
Trade active
Took a small position here—just testing the waters.Ideally, I’d prefer to buy big in the green zone, but the market seems to have other plans for this retrace.
Rather have some exposure in case it decides to run from here.
Note
Could take up to 4 more weeks if it were to create a fresh new signal!Disclaimer
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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.