Technical Analysis Using Multiple Timeframes Brian Shannon 🔥 Hot
Shannon recommends observing up to five timeframes simultaneously to see the interplay between long-term structure and short-term noise.
Technical Analysis Using Multiple Timeframes : Brian Shannon technical analysis using multiple timeframes brian shannon
This is the execution chart (e.g., 15-minute or 5-minute). Once the higher and intermediate timeframes are aligned, the trader uses the lower timeframe to find precise entries with minimal risk. Shannon warns against using the lower timeframe to predict direction; rather, it is a tool for timing. Shannon warns against using the lower timeframe to
: By understanding how different timeframes interact, traders can anticipate potential traps or breakouts rather than reacting emotionally to sudden price spikes. A sustained uptrend with higher highs and higher lows
Remember Shannon’s golden rule:
By aligning these timeframes, you are ensuring that the "big money" (Higher Timeframe) and the "fast money" (Lower Timeframe) are moving in the same direction.
A sustained uptrend with higher highs and higher lows. This is the most profitable stage for long positions.