【RCI3 Three-Line Plus mBDSR】 Example of weekly-timeframe pullback sell signal in cryptocurrency

※Campaign ongoing until January 10, 2019.

BODSOR (mBDSR)The sales page ishere.

※ BODSOR and mBDSR are indicators developed to increase entry accuracy when using RC I three lines to perform pullback buys or pullback sells.

The figure below is the weekly chart of Ethereum / US Dollar (ETHUSD).

Ethereum / US Dollar (ETHUSD) Weekly

Upper: mBDSR

Lower: RCI three lines (red: RCI9, light blue: RCI26, yellow: RCI52)


Of the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses downward, all three RCI lines may turn downward.
In other words, prices may undergo a strong decline.

In such a situation, the mBDSR pullback sell signal (yellow arrow circled) is lit up.

Immediately after the signal lights up, three bearish candles appear in succession, and the price continues to decline smoothly,

that it is falling.that is understood.

The moment the rising RCI9 reverses downward and all three RCI lines align in a downtrend is after three bearish candles have formed.

This is the pattern where the signal lights up again on a pullback after an RCI9 has dropped from an RCI triple top.

In other words, the so-called RCI triple top; after RCI9 dips, a rebound signal may illuminate again.

The following figure shows Bitcoin / US Dollar (BTCUSD) on a weekly chart.

Bitcoin / US Dollar (BTCUSD) Weekly

BODSOR (mBDSR)  sales page ishere.