Naniwa's Chart Doctor, Masao Shindo's Mid-Intermediate Wave Strategy Method! | Episode 13 The Essence of Double Top / Bottom [Masao Shindo]

Many people are highly interested in trend trading where profits can be substantial, but there are also those who show little interest in non-trending conditions. To capture profits entirely in a trend, you need to master the phase known as the intermediate wave, where no trend has yet emerged. Here, Masao Shindo will teach us how to conquer such intermediate waves.

This article is a reprint and rewrite of an article from FX攻略.com, October 2020 issue. Please note that the market information described in the text may differ from current market conditions.

The term “intermediate wave” used in this series has no relation whatsoever to the intermediate waves in the Ichimoku Kinko Hyo.

Masao Shindo Profile

Shindo Masao. He serves as a strategist and technical analyst under Kojiro Tezuka’s company, Tezuka Koji Office Co., Ltd. He shares various chart analysis ideas on TradingView.

Twitter：https://twitter.com/masao_shindo

Hello everyone. Last time, we explained “Double Top/Bottom.” However, simply calling something a Double Top/Bottom because it has a “W (double)” shape is superficial. The essence must be understood first to truly master and analyze Double Tops/Bottoms. This time, let’s study that essence.

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