: Used for long-term trend identification and major support/resistance. Daily Chart
Brian Shannon, a well-known technical analyst, introduced the concept of using multiple time frames in technical analysis to gain a more comprehensive view of market trends. In his book, Shannon explains how to apply this approach to identify profitable trading opportunities. Let's dive into a story that illustrates the practical application of this concept. : Used for long-term trend identification and major
Brian Shannon ’s core methodology focuses on identifying the and using a top-down, multiple timeframe approach to align trades with the dominant trend while minimizing risk. Core Philosophy: The Four Stages of the Market Cycle a well-known technical analyst
Brian Shannon ’s book, Technical Analysis Using Multiple Timeframes : Used for long-term trend identification and major
: Defines the primary trend and major support/resistance zones.