Case of a signal bounced by clouds

Hello!

Satori here, riding the waves of FX.

I have changed the theme from FX Research.

Thank you in advance.


Today, I will deliver a case of signals bounced by the cloud.

The figure below is a sell signal example that bounced off the cloud on the USDJPY 5-minute chart.



https://livedoor.blogimg.jp/fxmt4indicator/imgs/4/7/47f89180.jpg


What is the signal in the above figure? It is the “Wave Riding Indicator.”

During a downtrend, a sell signal that bounces off the cloud is highly accurate.

It’s good to use backward-looking resistance zones that were traded in the past effectively.


The signal circled in the figure above is an in-trend sell signal.

The Wave Riding Indicator also has contrarian sell signals, so you can use them according to the situation.


Details of the Wave Riding Indicator areon this pagefor your reference.


Thank you very much for reading up to here today as well.