130 pip Bullish Engulfing Bar trade on the #USDCAD from yesterday! #forex #forexsignals #trading pic.twitter.com/OOaGz6oX1g
— RazorForex (@RazorForex) April 5, 2016
This morning I entered this long trade on the EUR/USD pair. The 1-hour chart is showing a nice RSI divergence and there is a fairly large bullish engulfing candle with a very long tail. The take-profit order has been set at 1.1481, which is right at the swing high from October 15th of last year.
RSI Divergence + Bullish Engulfing Bar trade on 1-hour #EURUSD chart right now! Will it go up? #forex #forexsignals pic.twitter.com/YpgBXfEIVr
— RazorForex (@RazorForex) April 5, 2016
The AUD/USD trade is similar to the EUR/USD one. A bullish bar with a nice amount of divergence. The bullish bar has formed right around the swing point from the 29th of March, so the location of this formation is pretty good in my opinion. Let's see if any of these trades work out over the next few days.
1-hour chart on #AUDUSD showing RSI Divergence! Buy order placed above that bullish candle. #forex #forexsignals pic.twitter.com/TTZI8YCeUT
— RazorForex (@RazorForex) April 5, 2016