USD/JPY: Downtrend line, pin bar, and mBDSR (RCI2 filter of two lines) reversal selling signal

An indicator that shines when combined with RCI: 【BODSOR・mBDSR】
Methods and Case Studies (PDF) ★GogoJungle AWARD 2020 Winner★

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

　The PDF file includes 283 items.
Most of them are examples that consolidate how to logically link higher and lower timeframes using three RCI lines, sequentially analyzing the conditions of multiple lower timeframes, and ultimately waiting for long entries on pullbacks or short entries on rallies in the lower timeframe (i.e., the mBDSR signal).They have become.
Also,many focus on capturing points where multiple entry reasons converge.
In the explanations,more than 1,000 chartsare used.




In recent Investor Navi+ articles,examples that show the high compatibility between various trading methods and mBDSR signalsare introduced focusing on their usefulness.


USDJPY 1-hour chart


If you look at the area circled in white on the 1-hour chart above,a descending trend lineis approached, suggesting a dropa long upper shadow candle (pin bar)has appeared. It may not be strange to consider further downside.


USDJPY 5-minute chart


On the 5-minute chart above, after thepin baron the 1-hour chart,mBDSR (filter: RCI26 and RCI52)lights up, and subsequently the price declines steadily.

From this example,a trading method that focuses on trendlines and pin barsandthe signals of mBDSRshow a high level of compatibility.



An indicator that shines when combined with RCI: 【BODSOR・mBDSR】
Methods and Case Studies (PDF) ★GogoJungle AWARD 2020 Winner★

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

　The PDF file includes 283 items.
Most of them are examples that consolidate how to logically link higher and lower timeframes using three RCI lines, sequentially analyzing the conditions of multiple lower timeframes, and ultimately waiting for long entries on pullbacks or short entries on rallies in the lower timeframe (i.e., the mBDSR signal).They have become.
Also,many focus on capturing points where multiple entry reasons converge.
In the explanations,more than 1,000 chartsare used.