An example of a bullish pullback signal for BTCUSD daily chart [RCI three-line + BODSOR]
The figure below is a daily chart of BTCUSD.
BTCUSD Daily Chart
Top: BODSOR
Bottom: Three RCI lines (Red: RCI9, Light blue: RCI26, Yellow: RCI52)
Pullback Buy Signal (pink arrows enclosed in circles)
Among the three RCI lines, only RCI9 is clearly trending downward.
If RCI9 reverses and rises, all three RCIs may rise together.
In other words, there is a possibility of a strong price increase as well.
In such a situationBODSOR“Pullback Buy” signal (pink arrow) lights up.
Indicator displaying pullback buy and pullback sell signals [BODSOR]
Twitter
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
Example of pullback buy and pullback sell signals on the USD/JPY 1-hour chart
Note: In the charts within this article, for convenience of explanation, there may be added annotations such as circles, lines, or rectangles in yen, so please understand this.
Please be aware of this.