Example of a Sell Signal in Recoiled (returning) - USD/JPY 5-minute chart [RCI three lines + BODSOR]

The figure below is the USD/JPY 5-minute chart.


USD/JPY 5-minute chart

Upper panel:BODSOR
Lower panel: Three RCI lines (red: RCI9, light blue: RCI26, yellow: RCI52)


Sell-on-rebound signal (yellow arrow circled)

Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses and declines, there is a possibility that all three lines may decline.
In other words, the price may also fall strongly.

In such a situationBODSORSell-on-rebound signal for the pullback indicator (yellow arrow) lights up.


Indicator displaying pullback buying and sell-on-rebound signals 【BODSOR】


Twitter
https://twitter.com/RCIX3Line

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

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

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


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



*Some charts in this article may have added circles, lines, or rectangles for convenience of explanation, including yen marks, etc., so please understand this.
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