Horizontal line, pullback high, moving average, counter-trend line, third-wave target and the mBDSR (RCI two-filter) buying signal

【Special Video】 First Episode
https://www.gogojungle.co.jp/finance/navi/articles/70917

【Special Video】 Second Episode
https://www.gogojungle.co.jp/finance/navi/articles/71083

【Special Video】 Third Episode
https://www.gogojungle.co.jp/finance/navi/articles/71151



AUDUSD Daily


Looking at the area circled in white on the higher daily chart, historicallyhorizontal lines that have been treated as resistance and supportare near where the price has fallen to, and until this is clearly broken, it may not be odd to expect a rebound.


AUDUSD 1-hour


Looking at the 1-hour above,a horizontal line that is being watched at the daily levelis approached and then rebounded,mBDSR (Filter: RCI26 and RCI52) pullback buy signallights up. Here we will examine a bit more on the lower time frame.


AUDUSD 15-minute


Looking at the 15-minute above,the horizontal line watched at the daily levelreappears andthe high of the moveis broken to the upside,clearly breaking above EMA200. Afterward it declines butdoes not clearly break below EMA200. Then,the counter-trend lineis broken to the upside and the downside showsthe mBDSR pullback buy signallights up and climbs further. This signal can be said to be catching the early stage of thethird waveas well.

In this case, it is evident that trades with high risk-reward are possible due to multiple entry signals overlapping and placing stop losses just below the nearest support line.

From this example,a trading method focusing on horizontal lines, Dow Theory, moving averages, and counter-trend linesandthe compatibility with mBDSR signalsare highly evident.



Indicators that excel in combination with RCI: 【BODSOR・mBDSR】
and the method & case studies (PDF) ★GogoJungle AWARD 2020 Winner★

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

　The PDF file contains 301 items (over 1,000 pages, over 350,000 characters in total).
Many of them aresummaries of cases where multiple lower-timeframe conditions are logically linked to higher time frames using three RCI lines, and finally a setup waiting for pullbacks in lower time frames (i.e., mBDSR signals)..
Also,many focus on capturing points where multiple entry signals overlap..
Description usesover 1,000 charts..