BTCUSD 4-hour chart Example of a pullback selling signal【RCI 3-line + BODSOR】
The figure below shows the BTCUSD 4-hour chart.
BTCUSD 4-hour chart
Upper section:BODSOR
Lower section: RCI three lines (red: RCI9, light blue: RCI26, yellow: RCI52)
Reversal selling signal (yellow arrow circled)
Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses downward, all three RCIs may turn downward.
In other words, the price may also fall strongly.
In such a situationBODSORreversal selling signal (yellow arrow) lights up.
Indiсator displaying pullback buying and reversal selling signals【BODSOR】
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https://twitter.com/RCIX3Line
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http://bodsor.blog.fc2.com/
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https://fx-on.com/navi/serial/?id=359
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https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw
USD/JPY 1-hour chart example of pullback buying and reversal selling signals
Note: In this article's charts, for convenience, circles, straight lines, and rectangles may be added, etc.
Please understand.