Example of a short (sell) signal AUDUSD 15-minute chart [RCI three-line + BODSOR]
The figure below is the AUDUSD 15-minute chart.
AUDUSD 15-minute chart
Upper section:BODSOR
Lower section: Three RCI lines (red: RCI9, light blue: RCI26, yellow: RCI52)
Sell on rallies signal (yellow arrows circled)
Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 turns down, all three RCIs may turn down together.
In other words, prices may also move strongly downward.
In such a situation,BODSORsignal to sell on rallies (yellow arrows) lights up.
Indicator that displays buy on dips and sell on rallies【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 a buy on dips / sell on rallies signal on the 1-hour chart for USD/JPY
*In the charts in this article, for convenience of explanation, please note that circles, straight lines, and squares may have been drawn as needed.
Thank you for your understanding.