CADCHF-EURCAD negative correlation

By InvstingWise
As you can see, the correlation co-efficiency factor in relation to EURCAD set-up is almost -1. Current conditions show opposite behavior, which could be used as confirmation for the other analysis or an extra set-up. In the second scenario, it's better to split the initial risk percentage, since the positions provide zero diversification.
Chart PatternsCorrelation Coefficient (CC)Descending TriangleDivergenceTechnical IndicatorssplitTrend Analysis
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