Example of a short (bearish) signal - Pound-Dollar 1-hour chart [RCI three-line + BODSOR]

The figure below is a chart of GBP/USD on a 1-hour timeframe.


GBP/USD 1-Hour Chart

Top section:BODSOR
Bottom section:　Three RCI lines (Red: RCI9, Light Blue: RCI26, Yellow: RCI52)


Rebound Sell Signal (yellow arrows encircled)

Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses and declines, all three RCIs may move downward together.
In other words, there is a possibility of a strong price decline.

In such a situationBODSOR Rebound Sell Signal (yellow arrow) lights up.


Indicator that displays Pullback Buy / Rebound Sell signals【BODSOR】


Twitter
https://twitter.com/RCIX3Line

Blog
http://bodsor.blog.fc2.com/

Investment Navigator Plus
https://fx-on.com/navi/serial/?id=359

YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw


Example of Pullback Buy / Rebound Sell Signals on USD/JPY 1-Hour Chart



Notes: For the sake of explanation, the charts in this article may contain added circles, lines, or squares.
Please understand.