From the view of the RCI3 single-line + BODSOR, a reversal from a return sell to a pullback buy AUDJPY 5-minute chart

The following figure is the AUDJPY 5-minute chart.


AUDJPY 5-minute chart

Top section:BODSOR
Bottom section: 3-line RCI (Red: RCI9, Light Blue: RCI26, Yellow: RCI52)


(1) Rebound sell signal (yellow arrows circled)

Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses and moves down, all three RCIs may trend downward.
In other words, there is a possibility of a strong price drop.

In such a situationBODSORrebound sell signal (yellow arrows) lights up.



(2) Pullback buy signal (pink arrows circled)

Among the three RCI lines, only RCI9 is clearly falling.
If RCI9 reverses and moves up, all three RCIs may trend upward.
In other words, there is a possibility of a strong price rise.

In such a situationBODSORpullback buy signal (pink arrows) lights up.


Indicator that displays pullback buy and rebound sell signals [BODSOR]


Twitter
https://twitter.com/RCIX3Line

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

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

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


Examples of pullback buy and rebound sell signals on the USD/JPY 1-hour chart



Note: In the charts within this article, for clarity, yen marks, straight lines, squares, etc. may be drawn.
Please understand.