Example of a short-selling signal AUDJPY 1-hour chart [RCI3 lines + BODSOR]

The figure below is the AUDJPY 1-hour chart.


AUDJPY 1-hour chart

Upper section:BODSOR
Lower section:　RCI three-line indicator (red: RCI9, light blue: RCI26, yellow: RCI52)


Buyback/Sell signal (yellow arrows circled in a circle)

Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses downward, there is a possibility that all three RCIs will move downward.
In other words, prices may also fall strongly.

In such a situation,BODSORbuyback/sell signal (yellow arrows) lights up.


Indicator showing breakout-buying/ retrace-sell signals【BODSOR】


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Example of a pullback-buying/ retrace-sell signal on the USD/JPY 1-hour chart



*In the charts in this article, for convenience, you may see additions such as circles, lines, and boxes drawn.
Thank you for your understanding.