Technical Analysis Using Multiple Time Frame By Brian Shannonpdf Work Jun 2026

Wait for the price to break above the high of the flag structure.

MTFA allows you to recognize when a shorter-term chart is transitioning between these stages before it clearly reflects on a longer-term chart. The Three-Tier Timeframe Framework Wait for the price to break above the

Using multiple timeframes allows you to be a "tactical" trader. Shannon suggests using a top-down approach to ensure your trade has the wind at its back [4]: Shannon suggests using a top-down approach to ensure

Brian Shannon is one of the original pioneers of Anchored VWAP, having discovered its potential in 2003. Unlike a standard VWAP, which resets daily, an AVWAP can be anchored to a specific point, such as a significant high, low, or earnings gap. Shannon explains that the tool reveals "what the average trader has paid for a particular equity over a given period." He advises traders to stop fixating on the

The book is structured to build a trader's foundation step-by-step:

His approach to psychology is also practical. He advises traders to stop fixating on the "why" behind every price movement, noting that the market is not always rational. He famously cautions that the most difficult job on Wall Street is picking tops and bottoms, and that there are far lower-risk ways to trade. His simple mantra, "" serves as a powerful anchor, urging traders to trust price action over their own opinions or external news.