Drop down to the Weekly chart. Identify the last major swing high and swing low. Use the Fibonacci retracement tool from the swing low to the swing high. Shannon’s secret: The 50-61.8% retracement zone on the weekly is your "buy zone," not the breakout.

Technical Analysis Using Multiple Timeframes (Text), AlphaTrends.net archives, Public seminar transcripts on Volume Profile and AVWAP.

: Displays localized price patterns, breakouts, and intraday breakdowns.

Brian Shannon's Technical Analysis Using Multiple Timeframes

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

, revolutionized how traders approach market structure, trend identification, and risk management. By analyzing the market across several distinct time horizons simultaneously, Shannon provides a framework that allows traders to align themselves with the dominant market forces while executing trades with precise timing and minimal risk.

: Used to fine-tune entry and exit points and strictly manage risk. The 65-Minute Chart

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

To execute , you cannot simply glance at three monitors separately. You must link their logic. Here is the step-by-step process:

Instead of hunting for a "holy grail" technical indicator, Shannon emphasizes market structure, price action, and volume. By analyzing charts through multiple lenses, traders can:

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)

If you’d like, I can:

The chart shows sideways movement with increased volatility. Stage 4: Decline

: Used to identify the "big picture" and major support/resistance levels. Daily Charts

Sideways price action. Institutional buyers quietly build positions. Moving averages flatten out. Price moves back and forth within a clear range. Neutral / Watchlist

Once the trend is established, you "link" down to the hourly chart to find value. Shannon is famous for saying, "Don't chase; let the market come to you."