Examples of short-selling signals GBP/USD 15-minute chart [RCI 3-line + BODSOR]
The figure below is the GBP/USD 15-minute chart.
GBP/USD 15-minute chart
Top row:BODSOR
Bottom row: Three RCI lines (red: RCI9, light blue: RCI26, yellow: RCI52)
Sell on pullback signal (yellow arrows encircled)
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, price may also undergo a strong decline.
In such a situation,BODSORpullback sell signal (yellow arrow) lights up.
Indicator displaying pullback buy and sell signals【BODSOR】
Twitter
https://twitter.com/RCIX3Line
Blog
http://bodsor.blog.fc2.com/
Investment Navigator+
https://fx-on.com/navi/serial/?id=359
YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw
Example of a pullback buy / sell signal on the USD/JPY 1-hour chart
*In the charts in this article, for convenience of explanation, please note that circles, straight lines, and squares may be drawn.
Thank you for your understanding.