USD/JPY 5-minute chart: Rebound selling signal lights up at the time of the fixing price [RCI 3 lines + BODSOR]
The figure below is a USD/JPY 5-minute chart.
USD/JPY 5-minute chart
Upper section:BODSOR
Lower section: Three RCI lines (Red: RCI9, Light blue: RCI26, Yellow: RCI52)
Sell on rallies signal (yellow arrows enclosed in circles)
Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 turns downward, all three RCIs may turn downward together.
In other words, the price may drop strongly.
In such a situationBODSORsells on rallies signal (yellow arrows) lights up.
Indicator that displays buy on dips and sell on rallies【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
An example of buy on dips / sell on rallies signals on the USD/JPY 1-hour chart
*In the charts in this article, for convenience, there may be additions such as circles, lines, or rectangles drawn.
Please note this.