Technical Analysis Using Multiple Time Frame By Brian Shannonpdf Link Fix [SECURE]
“Don’t let what the market is doing keep you away from a great individual setup.” – Brian Shannon
The reveal the intermediate structure. Look for pullbacks or consolidations within the primary trend. These short-term contraction areas are precisely where Shannon advises studying price action for clues to a resumption of momentum. “Don’t let what the market is doing keep
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: Used for long-term trend identification and major support/resistance. Daily Chart VWAP is Shannon’s most famous indicator
By using a higher timeframe to establish direction and a lower timeframe to manage entry, traders can use tighter stop-losses for massive potential gains.
VWAP is Shannon’s most famous indicator. He calls it the “source of truth” because it accounts for both price and volume, showing where institutional traders have been active. VWAP acts as a line and is used to identify fair value.
Here are some key points from Brian Shannon's approach: