Fibonacci Expansion and Countertrend Line and Double Bottom and mBDSR Signal

An indicator that shines in combination with RCI【BODSOR・mBDSR】

https://www.gogojungle.co.jp/tools/indicators/11836




In recent Investing Navigation+ articles,the high harmony between various trading methods and mBDSR signalsis illustrated with examples.


Australian Dollar 1-hour chart




Fibonacci Expansionas the focus, the scene is...
　Fibonacci ExpansionRebound at 61.8% → range around 100% → range between 161.8% and 200.0%, then rising.

Counter-trend Lineas the focus, the scene is...
　Counter-trend Linefrom a breakout and pullbackmBDSR (RCI two-lines filter) selling pullback signallights up, then it rises.

As a result,a Double Bottomsignals on the right-side trough and then rises.

From this example,a trading method focusing on Fibonacci Expansion, Counter-trend Lines, and Double BottomandmBDSR signals

Also, in this example,placing a stop-loss slightly below the recent lowandachieving a high risk-reward tradeis possible.



An indicator that shines in combination with RCI【BODSOR・mBDSR】

https://www.gogojungle.co.jp/tools/indicators/11836

A PDF file with 170 items is included.Many of them areexamples that compile a process from logically linking multiple lower timeframes to higher timeframes using three RCI lines, ultimately waiting for pullback buying or pullback selling timing (＝ mBDSR signals) on the lower timeframe.The explanations usemore than 650 charts in total.