Example of a short-selling signal: EUR/CHF 1-hour chart [RCI 3-line + BODSOR]
The figure below is the EUR/CHF 1-hour chart.
EUR/CHF 1-Hour
Top:BODSOR
Bottom: RCI three lines (red: RCI9, light blue: RCI26, yellow: RCI52)
Sell-on-Rally Signal (yellow arrows enclosed in circles)
Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses and declines, there is a possibility that all three RCIs will decline.
In other words, there is a potential for strong price decline.
In such a situationBODSORSell-on-Rally signal (yellow arrow) lights up.
Indicator displaying Buy on Dip/ Sell on Rally [BODSOR]
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https://twitter.com/RCIX3Line
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http://bodsor.blog.fc2.com/
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USD/JPY 1-Hour: Examples of Buy-on-Dip/Sell-on-Rally signals
※In the charts in this article, for convenience of explanation, there may be additions such as circles, lines, or squares representing currencies, straight lines, or squares.
Please note.
