Example of a Sell Signal EURJPY 15-minute Chart【RCI 3 lines + BODSOR】
The figure below is the EUR/JPY 15-minute chart.
EUR/JPY 15-minute chart
Upper panel:BODSOR
Lower panel: RCI with three lines (red: RCI9, light blue: RCI26, yellow: RCI52)
Sell signal on a pullback (yellow arrows circled)
Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses and starts to fall, all three RCIs may move downward together.
In other words, the price may also experience a strong decline.
In such a situationBODSORpullback/sell signal (yellow arrows) lights up.
Twitter
https://twitter.com/RCIX3Line
Blog
http://bodsor.blog.fc2.com/
Investment Navi+ (Navi+)
https://fx-on.com/navi/serial/?id=359
YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw
Example of a pullback-buy and a pullback-sell signal on USD/JPY 1-hour chart
※Note: In the charts within this article, for convenience of explanation, circles, straight lines, and squares may be drawn.
Please understand.