When the USD/JPY daily chart forms a strong pattern, aim to buy on dips on lower timeframes [RCI three lines + BODSOR]
Dollar/Yen Daily
Lower section: three-line RCI (Red: RCI9, Light blue: RCI26, Yellow: RCI52)
On the daily chart, RCI9 and RCI26 are rising, forming a fairly strong pattern
Looking to buy on a pullback on lower timeframes???
Dollar/Yen 8-Hour
Upper section:BODSOR
Lower section: three-line RCI (Red: RCI9, Light blue: RCI26, Yellow: RCI52)
Pullback Buy Signal (pink arrows circled)
Among the three-line RCI, only RCI9 is clearly declining.
If RCI9 reverses and rises, there is a possibility that all three RCIs rise together.
In other words, price may also rise strongly.
In such a situationBODSORpullback buy signal (pink arrow) lights up.
From right after the signal lights up, price is rising.
An indicator developed to increase entry accuracy when using the three-line RCI for pullback buys or pullback sells
Twitter
https://twitter.com/RCIX3Line
Blog
http://bodsor.blog.fc2.com/
Investment Navi+
https://fx-on.com/navi/serial/?id=359
YouTube
https://www.youtube.com/channel/UCL-g5uAlesiWVJEDtWlFvGw
USD/JPY Pullback Buy and Pullback Sell Signals on 1-Hour Chart
※In the charts in this article, for convenience, circles, lines, squares, etc., may be drawn.
Thank you for your understanding.