Post of the Day: RSI and Bullish Engulfing candle

[B]Student’s Question:[/B]

Would you agree that this is an example of how RSI supported by a Candlestick pattern can influence your entry?

[B]
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[B] Power Course Instructor’s Response:[/B]

Yes…and well done.

The bullish engulfing candle combined with the RSI moving above 30 would be a higher probability entry into a long position.