By Brian Shannon Technical Analysis Using Multiple Link //free\\ Guide

For Shannon, the market is "innocent until proven guilty." If the daily chart is in , you assume it will remain so and only look for long trades. You only consider a shift in your bias once there is conclusive evidence of a change in structure.

– The stock is peaking; selling pressure begins to match buying interest.

The philosophy presented here is not about discovering a secret formula. It is about building a disciplined, rule-based process: following the trend, waiting for price confirmation, and, above all, protecting capital. This emphasis on a steady, repeatable routine over the frantic pace of intraday speculation is what makes Shannon's teachings a powerful blueprint for navigating the markets.

+-------------------------------------------------------+ | WEEKLY / DAILY CHART | | [Telescope] Identifies Major Trend & Market Stage | +---------------------------+---------------------------+ | v +-------------------------------------------------------+ | 30-MINUTE / 65-MINUTE CHART | | [Bridge] Locates Recent Pullbacks & Moving Averages | +---------------------------+---------------------------+ | v +-------------------------------------------------------+ | 5-MINUTE / 1-MINUTE CHART | | [Microscope] Pinpoints Absolute Execution & Triggers | +-------------------------------------------------------+ by brian shannon technical analysis using multiple link

This stage begins with a breakout above the Stage 1 resistance level, accompanied by heavy volume. The stock makes a series of higher highs and higher lows. Moving averages align in sequence (e.g., the 10-day is above the 20-day, which is above the 50-day), and they all slope upward. This is the prime environment for swing traders to buy pullbacks and breakouts. Stage 3: Distribution (The Top)

Brian Shannon's 'Technical Analysis Using Multiple Timeframes'

Brian Shannon is widely credited with popularizing the indicator. This tool bridges the gap between price action and institutional volume. For Shannon, the market is "innocent until proven guilty

By ensuring the short-term trade aligns with the long-term trend, the probability of success increases dramatically.

: Use shorter timeframes (30-minute, 15-minute, or 5-minute) to find precise entry points that align with that larger trend.

This linkage prevents the two deadliest sins of retail trading: The philosophy presented here is not about discovering

While moving averages help define the trend, they lag. Shannon's secret weapon for objective, real-time analysis is , a tool he calls the "Source of Truth" and the "Institutional Truth". VWAP is a running total of the price, weighted by volume, and represents the true average price paid by all traders over a given period.

| Step | Timeframe | Action | Indicator | | :--- | :--- | :--- | :--- | | | Daily | Determine bias (Bullish/Bearish) | 200 EMA, Anchored VWAP | | 2 | 60-min | Identify pullback zone | 20 EMA, prior high/low | | 3 | 5-min | Execute entry & manage risk | Volume profile, candlestick confirmation |

Shannon emphasizes that a stock can have different trends simultaneously. To gain a comprehensive view, he typically monitors at once.