Gold (XAUUSD): The line that used to act as resistance in the past and the short-selling signal on the return of mBDSR (RCI two-filter)

Indicator that shines when combined with RCI: 【BODSOR・mBDSR】
and methods and case studies (PDF) ★GogoJungle AWARD2020 winner★

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

　The PDF file comes with 283 items.
Many of them are examples that have been worked out by logically linking higher and lower timeframes using three RCI lines, and ultimately waiting for a pullback buying or retracement selling timing on the lower timeframe (i.e., the mBDSR signal)..
Also,many focus on capturing points where multiple entry reasons overlap..
In the explanations,more than 1,000 chartsare used.




In recent Investor Navi+ articles,we showcase examples that highlight the high compatibility between various trading methods and the mBDSR signals.


Gold XAUUSD 1-hour chart


Looking at the area circled in white on the 1-hour chart above,you can see that it has fallen to near a line that previously acted as resistance..A rebound from a support-resistance turned areais not surprising to consider.


Gold XAUUSD 5-minute chart


On the 5-minute chart above,near a line that previously functioned as resistanceit bounced when it reached near that area.mBDSR (Filter: RCI26 and RCI52) pullback buying signallights up, and subsequently the price has been rising smoothly.

From this example,you can sense the high compatibility between a trading method focused on lines that once acted as resistance andthemBDSR signals.

Also, in this example,placing a stop-loss a little below the recent low,enables high risk-reward trading.



Indicator that shines when combined with RCI: 【BODSOR・mBDSR】
and methods and case studies (PDF) ★GogoJungle AWARD2020 winner★

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

　The PDF file comes with 283 items.
Many of them are examples that have been worked out by logically linking higher and lower timeframes using three RCI lines, and ultimately waiting for a pullback buying or retracement selling timing on the lower timeframe (i.e., the mBDSR signal)..
Also,many focus on capturing points where multiple entry reasons overlap..
In the explanations,more than 1,000 chartsare used.