📉 AXL / CFX — example of a pair trade on divergence
Recently entered a position:
🔻 AXL — short at a price of $0.467
🔼 CFX — long at a price of $0.085
These coins have historically moved similarly.
At the time of entry — a strong temporary divergence.
📈 Now the position is already yielding +7% profit — the coins are converging again.
💡 This is the essence of pair trading:
not guessing the market direction,
but earning from the restoration of balance between assets.