EUR/USD 1-hour Pullback Buy Signal Example [RCI 3 Lines + BODSOR]
The figure below is a 1-hour chart of EUR/USD.
EUR/USD 1-hour chart
Top section:BODSOR
Bottom: 3-line RCI (Red: RCI9, Light blue: RCI26, Yellow: RCI52)
Buying on dips signal (pink arrows circled)
Among the three RCI lines, only RCI9 is clearly declining.
If RCI9 reverses and rises, all three RCI lines may rise together.
In other words, there is a possibility of a strong price advance.
In such a situationBODSOR signal to buy on dips (pink arrows) lights up.
An indicator developed to improve the accuracy of buying on dips and selling on rallies using the three RCI lines
for the purpose of high-precision signals
Twitter
https://twitter.com/RCIX3Line
Blog
http://bodsor.blog.fc2.com/
Investment Navigator+
https://fx-on.com/navi/serial/?id=359
YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw
Examples of buy on dips and sell on rallies on the USD/JPY 1-hour chart
Note: For convenience of explanation, charts in this article may have added elements such as yen symbols, lines, or boxes.
Please understand.
