Example of a Buy on Dip Signal USDJPY 1-hour Chart【RCI three-line + BODSOR】
The figure below is a chart of USDJPY on a 1-hour timeframe.
USDJPY 1-Hour
Top row:BODSOR
Bottom row: RCI three lines (red: RCI9, light blue: RCI26, yellow: RCI52)
Buy the dip signal (pink arrows circled)
Among the three RCI lines, only RCI9 is clearly moving downward.
If RCI9 reverses and rises, all three RCI lines may rise together.
In other words, the price may also rise strongly.
In such a situationBODSOR buy-the-dip signal (pink arrows) lights up.
Indicator that displays Buy-the-dip / Sell-the-rebound signals【BODSOR】
Twitter
https://twitter.com/RCIX3Line
Blog
http://bodsor.blog.fc2.com/
Invest Navigator+
https://fx-on.com/navi/serial/?id=359
YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw
Examples of Buy-the-dip and Sell-the-rebound signals on USD/JPY 1-hour chart
※In the charts in this article, for the sake of explanation, you may see the addition of circles, lines, squares, etc.,
so please understand.