"Technical Analysis Using Multiple Timeframes" by Brian Shannon, published in 2008, is a comprehensive guide to understanding market structure through top-down analysis, focusing on aligning trading decisions with higher-timeframe trends. The framework emphasizes risk management and navigating market cycles through four distinct stages: Accumulation, Markup, Distribution, and Markdown. For more details, visit Scribd .
Maximum Trading Gains With Anchored VWAP: The Perfect Combination of Price, Time & Volume published in 2008
Shannon teaches that institutional traders watch daily, weekly, and monthly pivot points (calculated from prior period’s high, low, close). When the daily pivot aligns with the weekly pivot, that zone becomes a high-probability reversal area. and Markdown. For more details