Time Frame By Brian Shannonpdf Top Exclusive - Technical Analysis Using Multiple

If the daily chart confirms the weekly direction – e.g., price is also in an uptrend and bouncing off a support level – the trade setup moves to the next stage: precision entry on lower timeframes.

A market is in an uptrend if it makes higher highs and higher lows. Shannon emphasizes that when the trend breaks, you must be disciplined enough to exit. 5. Putting it Together: A Trade Example Let’s look at a hypothetical long setup: If the daily chart confirms the weekly direction – e

The core of Shannon's methodology is a top-down analysis process. Instead of jumping straight into a 5-minute chart looking for an entry, the disciplined trader starts with the highest available perspective. Shannon recommends a practical stack: weekly, daily, 30-minute, 15-minute, and 5-minute timeframes. Significant market highs/lows.

In the fast-paced world of financial trading, information overload is the silent killer of profits. Traders often flip from a 1-minute chart to a daily chart, feeling confused by conflicting signals. Is the trend up or down? Should you buy or sell? Price action is choppy

The most common trap traders fall into is . If you monitor too many time frames (e.g., the 1-minute, 3-minute, 5-minute, 15-minute, hourly, 4-hour, daily, and weekly charts), you will always find conflicting indicators.

After a prolonged decline, the asset stops making lower lows and begins moving sideways. During this stage, smart money is quietly buying shares. Price action is choppy, and moving averages flatten out. Shannon advises against trading heavily in Stage 1, as capital can get tied up for months in a directionless market. Stage 2: Markup (The Bullish Trend)

Instead of starting VWAP at the beginning of the day, Shannon encourages "Anchoring" it to a significant event, such as: Major earnings reports. Significant market highs/lows.