This is the or 15-minute chart. Once the daily trend is aligned and the 65-minute chart shows a clean pattern, you zoom into the intraday chart to pull the trigger. You look for localized breakouts, volume spikes, or candlestick reversals to enter the trade with minimal risk. 4. The Role of Anchored VWAP (AVWAP)
Look at the 5-minute or 15-minute chart. Wait for an intraday breakout above a declining trendline or a clearing of the morning high.
Mastering Markets: A Deep Dive into Technical Analysis Using Multiple Timeframes by Brian Shannon by brian shannon technical analysis using multiple link
The upward momentum stalls. The stock enters a choppy, volatile sideways range. Institutional investors begin selling their shares to late-coming retail traders. The moving average flattens out, and wild price swings become common. Stage 4: The Markdown Phase
The bullish phase . Characterized by higher highs and higher lows above a rising 50-day moving average. This is the optimal time for long positions. This is the or 15-minute chart
By harmonizing these three views, traders can identify high-probability, low-risk opportunities where the short-term pullback aligns with the long-term trend. Key Technical Tools in Shannon’s Approach
Every trade begins with an assessment of the big picture. A typical starting point is to examine the highest timeframe (e.g., the weekly or daily chart) to determine the dominant market stage. Mastering Markets: A Deep Dive into Technical Analysis
In the fast-paced world of financial trading, the difference between a profitable exit and a catastrophic loss often comes down to a single concept: Most retail traders look at a single chart, see a breakout, and buy immediately—only to watch the price reverse against them within hours. Why? Because they lacked the "big picture."
: Despite covering complex topics like short squeeze dynamics and Level 2 screens, the writing is noted for being clear and easy for beginners to intermediate traders to grasp. Visual Learning