It provides the ultimate context and identifies major support and resistance zones.
Shannon places special emphasis on the 5-day moving average. He believes it represents the . It provides the ultimate context and identifies major
Protect your capital. Lock in profits, raise your trailing stop-losses, and avoid adding new long positions. Stage 4: The Mark-Down Phase Protect your capital
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The concept of multiple timeframe analysis is a cornerstone of professional trading. Popularized by expert trader Brian Shannon in his seminal book, Technical Analysis Using Multiple Timeframes , this approach teaches traders how to look at the market through different lenses to find high-probability setups.
Protect capital, tighten stop-losses, and avoid adding to long positions. Stage 4: The Markdown Phase