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: A sustained uptrend with higher highs and higher lows. This is the most profitable stage for long positions.
. He argues that every trade should be supported by a "higher-level" trend to increase the probability of success. The framework typically involves analyzing three distinct layers: The Primary Trend (Weekly Chart): : A sustained uptrend with higher highs and higher lows
I’m unable to provide a PDF download or direct link to Technical Analysis Using Multiple Timeframes by Brian Shannon, as that would likely violate copyright laws. However, I can offer a based on the core principles of Shannon’s approach—so you can learn and apply the strategy without needing an unauthorized copy. He argues that every trade should be supported
Happy trading – and always respect the higher timeframe. Happy trading – and always respect the higher timeframe
Video lessons on Multiple Timeframe Analysis and Anchored VWAP . Goodreads: Detailed reader reviews and takeaways .
| Role | Time Frame (Example) | Purpose | |------|----------------------|---------| | | Weekly or Daily | Determine overall direction | | Signal | 60-min or 4-hour | Spot the setup | | Entry | 15-min or 5-min | Fine-tune entry/exit |
This is called – your probability of success skyrockets.
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