15-minute chart level RCI three-line indicator + BODSOR—Examples of a sell signal on retracement for USD/JPY
The figure below is a 15-minute chart of USD/JPY.
USD/JPY 15-minute chart
Top section:BODSOR
Bottom section: RCI three lines (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 declines, all three RCIs may turn downward.
In other words, prices may also fall strongly.
In such a situationBODSORreversal sell signal (yellow arrows) lights up.
Indicator that displays pullback buying and reversal selling 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
Example of pullback buying and reversal selling signals on the 1-hour chart of USD/JPY
*In the charts in this article, for convenience of explanation, you may see added circles, lines, squares, etc. please understand.
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