Naniwa’s Chart Doctor, Masao Shindo’s Intermediate Wave Strategy Method! | Episode 4 Understanding the Flag ② [Masao Shindo]

Many people are highly interested in trend markets where profits can be large, but aren’t interested in situations without a trend, are they? To take full profits from a trend, you need to master the phase called the intermediate wave where a trend has not yet formed. Here, Masao Shindo will teach us how to攻略 such an intermediate wave.

Note: This article is a reprint/edit of FXKouryaku.com’s January 2020 issue. Please be aware that the market information described in the text differs from the current market.

Note that in this series, the term “intermediate wave” has no relation whatsoever to the intermediate wave in the Ichimoku Kinko Hyo.

Masao Shindo Profile

Shindo Masao. He is active as a strategist and technical analyst under Kojiro Tezuka, who serves as the representative of Tezuka Koji Office Co., Ltd. He posts various chart analysis ideas on TradingView.

Twitter：https://twitter.com/masao_shindo

Need to learn the basic pattern plus α

Hello everyone. Last time, we introduced the “Flag” as a pattern in the intermediate wave. A flag has the shape of a “banner,” and there are “bullish flags” and “bearish flags,” and we explained that the target is where the shape of the flag breaks down.

There are several patterns in the intermediate wave, and the flag is one of them. Essentially, once you memorize the shape of the pattern, you’ll be able to use it to some extent right away. However, simply memorizing the shape or the buy/sell signals isn’t enough. This week we’ll delve deeper into those parts, so please look forward to it.