Used to identify the primary, long-term trend.
Shannon views the market through four distinct stages. Identifying which stage a stock is in helps you avoid fighting the trend: Stage 1: Accumulation technical analysis using multiple timeframes brian shannon
Shannon’s methodology rests on several key pillars: Used to identify the primary, long-term trend
A moving average that is flat means the stock is ranging. A moving average that is steep (45 degrees or more) means the trend is strong. You must align your trades with the steepest timeframe. A moving average that is steep (45 degrees
Technical analysis using multiple timeframes is about . By ensuring the big-picture trend is at your back and using tools like the AVWAP to find precise entries, you move away from gambling and toward professional risk management.
: Short sell rallies, buy put options, or stay in cash. 3. Selecting Your Timeframes: The Rule of Three
While some analysts use three or four timeframes, Shannon typically advocates for keeping it simple with two primary views: the (for trend direction) and the Short Term (for entry timing).