Example of a sell signal — EUR/JPY 5-minute chart [RCI three-line + BODSOR]

The figure below is a chart of EUR/JPY with a 5-minute timeframe.


EUR/JPY 5-minute

Upper part:BODSOR
Lower part: Three RCI lines (Red: RCI9, Light blue: RCI26, Yellow: RCI52)


Rebound sell signal (yellow arrows circled)

Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses downward, all three RCIs may turn downward.
In other words, prices may also undergo a strong decline.

In such a situationBODSORrebound sell signal (yellow arrows) lights up.


Indicator showing pullback buying and rebound selling:【BODSOR】


Twitter
https://twitter.com/RCIX3Line

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

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

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


Example of pullback buying and rebound selling signals on the USD/JPY 1-hour chart



※In the charts within this article, for convenience of explanation, there may be additions such as circles, straight lines, and squares.
Please note.