Weekly chart level [RCI 3-line + BODSOR] representative example of pullback-selling signal USD/JPY
The figure below is the USD/JPY weekly chart.
USD/JPY Weekly
Upper: BODSOR
Lower: 3-line RCI (red: RCI9, light blue: RCI26, yellow: RCI52)
Reversal sell signal (yellow arrows circled)
Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses and falls, all three RCIs may turn down together.
That is, prices may also fall sharply.
In this kind of situationBODSOR’s reversal sell signal (yellow arrows) lights up.
Indicator displaying pullback-buy and reversal-sell signals [BODSOR]
Twitter
https://twitter.com/RCIX3Line
Blog
http://bodsor.blog.fc2.com/
Investment Navigator Plus
https://fx-on.com/navi/serial/?id=359
YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw
USD/JPY Example of pullback-buy and reversal-sell signals on the 1-hour chart
Note: In the charts within this article, for convenience of explanation, circles, straight lines, squares, etc., may be drawn.
Please understand.