By Brian Shannon Technical Analysis Using Multiple Link
This is your starting point. The daily chart establishes the overall health of the asset. You look for major support and resistance levels, long-term moving averages, and the primary trend direction. If the daily chart is in a structural downtrend, buying intraday bounces is statistically dangerous. 2. The Hourly Chart (The Tactical Setup)
The highest probability trades occur when the long-term trend, intermediate trend, and short-term price movement are all aligned. For instance, in a daily uptrend, a trader should look to buy during pullbacks after selling pressure has subsided on a shorter timeframe. 2. Timeframe Selection
: Unlike many academic texts, Shannon writes from the perspective of a "real trader," skipping get-rich-quick fluff to deliver a practical framework for preserving capital. Risk Management focus
Brian Shannon is the author of "Technical Analysis Using Multiple Timeframes" and the creator of the AlphaTrends platform. by brian shannon technical analysis using multiple link
Used to identify the dominant trend and primary areas of support or resistance. For example, a weekly or daily chart reveals the "big picture" sentiment.
Brian Shannon’s methodology is a blend of classic Dow Theory (trend following) and modern volume analysis (VWAP). The "link" in his work represents the critical connection between the macro view (Daily chart) and the micro view (Entry chart).
In practice, Shannon uses multiple AVWAPs on his charts to identify where large institutions are benchmarking their performance. A compression between two AVWAP levels creates a perfect setup—a tightening range where a breakout in either direction is imminent. This is your starting point
: A clear uptrend characterized by higher highs and higher lows.
Price is fractal. But your discipline shouldn't be.
Once the bias is set, you shift to a lower timeframe (e.g., 15-minute, 5-minute, or even 1-2 minute charts) to time your entry. If the daily chart is in a structural
: Used almost exclusively for fine-tuning entry timing and risk placement. 2. The Four Stages of the Market Cycle
This report synthesizes key concepts from Shannon’s published works, public educational seminars, and his widely recognized text, Technical Analysis Using Multiple Timeframes . The objective is to outline his core philosophy and actionable trading frameworks.