Example of a Sell Signal AUD/JPY 4-hour Chart [RCI 3 lines + BODSOR]

The figure below is a chart of AUD/JPY on the 4-hour timeframe.


AUD/JPY 4-hour chart

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


Sell-on-rally signal (yellow arrows circled)

Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses downward, all three RCIs could turn down, creating a bearish setup.
In other words, the price could drop strongly.

In such a situation,BODSORsell-on-rally signal (yellow arrow) lights up.


Indicator that displays pullback-buy and sell-on-rally 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 pullback-buy and sell-on-rally signals on the 1-hour chart for USD/JPY



※Please note that in the charts within this article, for ease of explanation, there may be additions such as circles, lines, and rectangles.
Thank you for your understanding.