Pairs trade ide: Buy CLS vs Sell SHP (market neutral idea)
A price action that retracted from oversold territory supports the trade idea.
Furthermore, moving upwards from the lower range of the Bollinger Bands.
A price action below 1.2350 acts as a stop-loss.
Entry range: 1.2515 to 1.2855.
Profit target: 1.3530.
A price action that retracted from oversold territory supports the trade idea.
Furthermore, moving upwards from the lower range of the Bollinger Bands.
A price action below 1.2350 acts as a stop-loss.
Entry range: 1.2515 to 1.2855.
Profit target: 1.3530.