Example of a dip buying sign: AUDUSD 1-hour chart [RCI 3-line + BODSOR]
The figure below is the AUD/USD 1-hour chart.
AUD/USD 1-Hour Chart
Upper: BODSOR
Lower: 3 RCI lines (Red: RCI9, Light blue: RCI26, Yellow: RCI52)
Buy on dip signal (pink arrow circled)
Among the three RCI lines, only RCI9 is clearly downward.
If RCI9 reverses and rises, there is a possibility that all three RCIs rise together.
In other words, the price may also rise strongly.
In such a situationBODSOR's buy-on-dip signal (pink arrow) lights up.
Indicator that displays buy-on-dip / sell-on-rebound signals [BODSOR]
Twitter
https://twitter.com/RCIX3Line
Blog
http://bodsor.blog.fc2.com/
Investment Navi+
https://fx-on.com/navi/serial/?id=359
YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw
Example of buy-on-dip / sell-on-rally signals in the USD/JPY 1-hour chart
Note: In the charts within this article, for convenience, circles, lines, and squares may be drawn, etc.
Please understand.