CADCHF long trade on 8/7/22
- Fundamental favor CAD compared to CHF, but on correlation was abit mix on 4 hour chart CAD stronger than CHF but on daily chart CHF stronger than CAD but very close to each other. There may a little bit risky on this trade. With breach/power activated we might try to make an entry and close monitor this in case we need to scratch the trade.
Update:-
- As market close on Friday there is how this trade perform so far, there is possibility to hold this trade until next week when market reopen on Monday.
Update:- (12/7/22 - 9:40am)
- This trade able to give profits
- Here is how it may close/exit to realise gain.