Brian Shannon — Technical Analysis Using Multiple Timeframes

Shannon warns against being too precise. A major moving average or VWAP level is an area of value. Don't set a limit order exactly at $100. Instead, watch the zone between $99.50 and $100.50. The lower timeframe chart will tell you exactly when the buyers step in within that zone.

This is the only stage where you should be aggressively long. Stage 3: Distribution The uptrend stalls and price becomes volatile. technical analysis using multiple timeframes brian shannon

This is your anchor. This chart tells you the "weather." Are we in a bull market or a bear market? Shannon warns against being too precise

: A period of falling prices and panic selling. Key Technical Tools & Principles technical analysis using multiple timeframes brian shannon