Technical Analysis Using Multiple Timeframes Brian Shannon Work

This chart sets the overall direction (bullish, bearish, or sideways). Weekly or Daily charts.

Entry, stop, and target rules (practical guidance)

Shannon emphasizes that every market movement is part of a larger structure. By looking at multiple timeframes, traders can filter out "noise" and trade with the path of least resistance. The Only Moving Average Guide You'll Ever Need

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). technical analysis using multiple timeframes brian shannon

The monthly chart indicates a strong uptrend, with the stock price consistently making higher highs and higher lows.

Note: Shannon frequently utilizes the 65-minute chart because exactly six 65-minute candles fit perfectly into a standard 390-minute U.S. stock market trading day, eliminating the uneven "partial candle" produced by the standard 60-minute chart. The Day Trader's Matrix

Brian Shannon’s approach to technical analysis is built on a foundational market truth: A market that looks heavily overbought on a 5-minute chart might simply be breaking out of a pristine, bullish consolidation pattern on a daily chart. Conversely, a stock that looks cheap on a 15-minute chart could be caught in a vicious daily downtrend, turning a perceived "discount" into a value trap. This chart sets the overall direction (bullish, bearish,

At its simplest level, multiple‑timeframe (MTF) analysis is about checking the trend on a longer chart before trading on a shorter one. But Shannon’s framework goes much deeper. He argues that , and that story often determines the probability of a successful trade outcome.

On the daily chart, mark the key VWAP lines—year‑to‑date, monthly, weekly. These are your . Also identify recent swing highs and swing lows that define the daily range.

A critical component of Shannon's analysis is identifying which of the four stages a stock is currently in: By looking at multiple timeframes, traders can filter

When it comes to technical analysis, one of the most effective ways to gain a deeper understanding of market trends and make informed trading decisions is to use multiple timeframes. This approach, popularized by Brian Shannon, a renowned technical analyst, involves analyzing charts across different timeframes to identify patterns, trends, and potential trading opportunities.

Used to identify the current market cycle stage—accumulation, markup, distribution, or markdown.