Using the three-line RCI to gauge profit targets (16)

Indicator that shines in combination with RCI: BODSOR・mBDSR
and methods / case studies (PDF) ★GogoJungle AWARD2020 winner★
https://www.gogojungle.co.jp/tools/indicators/11836



USD/JPY 5-minute chart


The higher time-frame context is omitted. On the upper 5-minute chart, after breaking above the retrace high, prices have declined. Subsequently, as prices rose again and during the ascentmBDSR (2-line RCI) pullback buy signallights up, and the price shows a solid upward move.

As a resultRCI52 (long-term RCI)has risen to cling near the top of the range (around the yellow square).

In the above example,Using the 3-RCI-lineto logically link higher and lower time-frames allows you toexplore the upward target of the RCI, but a detailed explanation of this technique is left to the attached PDF below.

　Attachment PDF file #322【mBDSRhint1322_20241009.pdf】
　“[Important] Thinking about the upward target using 3-RCI-lines (8)”


※ Please note that for convenience in this article, charts may include added circles, lines, and boxes for explanatory purposes.



Indicator that shines in combination with RCI: BODSOR・mBDSR
and methods / case studies (PDF) ★GogoJungle AWARD2020 winner★

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

　The PDF file includes 341 attachments (over 1,200 pages, over 430,000 words in total).

Many of these are examples that, by using the 3-RCI-lines to logically link higher and lower time-frames, analyze the multiple lower-time-frame conditions sequentially, ultimately outlining a setup on the lower time-frame to wait for a pullback buy or retracement sell signal from mBDSR.there are many that emphasize pinpointing points where multiple entry reasons converge.In addition,

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Also included is a methodfor exploring upward and downward targets using the 3-RCI-lines..

The explanations in the PDF file useover 1,200 charts.