Ichimoku Kinko Hyo Introduction | Episode 10: The 'Form' of Preparation Structure and the 9-Week Sub-Footprint [Supervised by Tetsuo Hosoda (Sansei Ichimoku Yama hito)]

【Introduction to Ichimoku Kinko Hyo [Supervisor: Tetsuo Hosoda (Sanse Ichimoku Yamanin)] Serial article (14 parts in total)】
・Part 1 The Origin of Ichimoku Kinko Hyo(Free)
・Part 2 Three Waves and Time Relation I
・Part 3 Three Waves and Time Relation II
・Part 4 What Can Be Understood from Time Relation and Price Relation
・Part 5 Conversion Line and Base Line I
・Part 6 Conversion Line and Base Line II
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・Part 8 Leading Span and Lagging Span I
・Part 9 Leading Span and Lagging Span II
・Part 10 The “Pattern” of Preparatory Structure and 9-Week Chart
・Part 11 9-Week Chart and 9-Month Chart
・Part 12 The Real-Line of the Week: B, Y and the Benchmark Line
・Part 13 How to Use B and Y
・Part 14 Contents of the Original Book of “Ichimoku Kinko Hyo”

Table of contents for Part 10

1. The “Preparatory Structure” as Proof of a Double Bottom
2. The “Pattern” to Understand Ichimoku Kinko Hyo
3. The 9-Week Chart that Easily Grasp Time
4. How to Create the 9-Week Chart
5. The Turning Points Indicated by the 9-Week Chart’s Yang and Yin Lines
6. The USD/JPY Monthly Chart Continues to Turn on Basic Values
7. A Little Knowledge about Ichimoku Kinko Hyo

Profile of Tetsuo Hosoda

Hosoda Tessei Co., Ltd. Sansei Ichimoku Yamanin. Carrying on the will of Ichimoku Yamanin, he works to popularize the correct use of Ichimoku Kinko Hyo. At the Ichimoku Kinko Hyo Club hosted by Economic Fluctuation Research Institute, he writes market commentary and charting courses using Ichimoku Kinko Hyo. Every Monday on Radio Nikkei Market Press, he broadcasts “Technical Analysis from the Nikkei Average using Ichimoku Kinko Hyo.”

Official site:Ichimoku Kinko Hyo Official Website | Economic Fluctuation Research Institute

Copyright of Ichimoku Kinko Hyo is owned by Economic Fluctuation Research Institute Co., Ltd., which handles the original edition's publication and sales. For purchasing the original edition, please refer to the Ichimoku Kinko Hyo Official Website.

Service | Ichimoku Kinko Hyo Official Website | Economic Fluctuation Research Institute

“Preparatory Structure” as Proof of a Double Bottom

Last time, we explained the overview of Leading Span and Lagging Span and their roles. The basic value “26” looks forward into the future and, at the same time, compares with the past. It is a way of focusing on the “present” and discerning how it changes after 26 days.

With this span and the already explained Kinko Hyo, and the concept of three waves, the basics of Ichimoku Kinko Hyo are complete. This sets the foundation to explain the entry point called the “Preparatory Structure.”

Preparatory Structure refers to “bottoming out using the basic values.” After that, when the Kinko Hyo trend turns favorable, it is then reasonable to buy.

For example, if the downward three-wave pattern ends, a period of consolidation occurs, and then it breaks upward as the standard flow, it becomes important to confirm the formation of a second bottom (the price rebounds from the lows of the three waves, again falls but does not break the previous lower low). The idea of Preparatory Structure is to prove this with the relationship between time and price range.