By Brian Shannon Technical Analysis Using Multiple Link
Technical Analysis Using Multiple Timeframes by Brian Shannon
- Auctions and Trends: Shannon views the market as a continuous auction. A trend is simply an imbalance of supply and demand. When demand exceeds supply, prices rise; when supply exceeds demand, prices fall.
- No Holy Grail: He explicitly rejects the idea of a singular "magic indicator." Instead, he advocates for understanding the intent behind price movement.
- Self-Reliance: A recurring theme in his teachings is empowering the trader to understand why a trade works, rather than blindly following signals.
By: Brian Shannon
- Link 1 (Daily): Price跌破 anchored VWAP (Bearish).
- Link 2 (60-Minute): Price rallies up to the anchored VWAP or 20 EMA (Overvaluation).
- Link 3 (15-Minute): Look for a failure to break the VWAP (a "rejection candle").
- Execution: Short the 15-minute close below the rejection candle.
Shannon emphasizes that a stock can have different trends simultaneously. To gain a comprehensive view, he typically monitors weekly, daily, 30-minute, 15-minute, and 5-minute charts at once. by brian shannon technical analysis using multiple link
Higher timeframe (HTF) — Define the bias Auctions and Trends: Shannon views the market as