Examples of a dip-buying signal: AUDJPY 5-minute chart【RCI three lines＋BODSOR】

The figure below is a chart of AUD/JPY on a 5-minute timeframe.


AUD/JPY 5-Minute Chart

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


Pullback Buy Signal (pink arrow circled)

Among the three RCI lines, only RCI9 is clearly declining.
If RCI9 reverses and rises, all three RCIs may rise together.
In other words, there is a possibility of a strong price rise as well.

In such a situationBODSORpullback buy signal (pink arrow) lights up.


Indicator displaying pullback buy and retrace sell signals【BODSOR】


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Examples of pullback buy and retrace sell signals on the USD/JPY 1-hour chart



Note: In the charts within this article, for readability, circles, straight lines, and squares may have been added where appropriate.
Please be aware of that.