Technical Analysis Using Multiple Time Frame By Brian Shannonpdf Work -

By combining these different perspectives, John was able to make a more informed trading decision and achieve a successful outcome.

Used to identify the current trend and key levels of support and resistance. By combining these different perspectives, John was able

– The uptrend phase characterized by higher highs and higher lows. This is where most profits are made. This is where most profits are made

Additionally, you can search for articles, blog posts, or videos by Brian Shannon on websites like StockCharts, TradingView, or YouTube, which may provide more insights into his approach. This tool allows traders to see the average

While his first book laid the foundation, Shannon is also widely known for his expertise in the . This tool allows traders to see the average price paid since a specific event (like an earnings report or a major low).

Strong uptrend, above 20-week EMA, recent higher low. Daily (Anchor): Price pulls back to the 50-day SMA and a prior resistance-turned-support level. A daily candle closes with a long lower wick (rejection of lower prices). 60-min: Price breaks above a small downtrend line and the 20-period EMA. Volume increases. Trade Entry: Long at the break of the 60-min downtrend line. Initial Stop: Below the most recent 60-min swing low (which is below the daily support). Target: The previous daily swing high (aligned with weekly resistance).

Never take a trade on a lower time frame that contradicts the anchor time frame’s trend.