On intra-day charts, anchor the VWAP to the market open, an intra-day high/low, or a sudden high-volume news spike.
Identifies the current market cycle and confirms if the medium-term structure aligns with the broader trend.
Identifies potential entry/exit zones and trend alignment. On intra-day charts, anchor the VWAP to the
While the MTF concept provides the strategic framework, Shannon pairs it with a set of powerful, practical tools.
– Following a prolonged downtrend, the price moves sideways as large players begin building positions. Volatility is typically low, and the price remains below key moving averages. While the MTF concept provides the strategic framework,
If you want to build a complete trading plan around these concepts, let me know. I can help you outline , moving average settings , or rules for setting profit targets . Share public link
A clear downtrend takes over. The asset makes lower highs and lower lows. Short-selling or staying in cash is preferred. If you want to build a complete trading
Finding Technical Analysis Using Multiple Time Frames by Brian Shannon
Used to confirm the validity of breakouts. True structural shifts must be accompanied by above-average volume. Risks of Searching for "Free PDF" Downloads
Trying to scalp a minor 5-minute breakout to the upside when the daily and 60-minute charts are in a severe Stage 4 Markdown is a low-probability trade. Always trade in the direction of the higher timeframe's momentum.
For a typical swing trade, Shannon suggests using these timeframes: Determines the overall trend.