Technical Analysis Using Multiple Timeframes Brian Shannon ~repack~

Look for a "breakout" on this chart. This happens when the price breaks above the high of the pullback pattern.

The intermediate timeframe reveals the market structure and chart patterns, such as triangles, rectangles, or cup-and-handle formations. It acts as the bridge between macro bias and micro execution. Here, you look for localized support and resistance levels, evaluating whether the asset is currently pulling back to a key level or consolidating just below a major breakout point. technical analysis using multiple timeframes brian shannon

Brian Shannon’s Technical Analysis Using Multiple Timeframes is a . Its power lies in forcing traders to answer three questions before every trade: Look for a "breakout" on this chart

This chart sets the overall direction (bullish, bearish, or sideways). Weekly or Daily charts. It acts as the bridge between macro bias and micro execution

Brian Shannon’s approach to technical analysis is built on a foundational market truth: A market that looks heavily overbought on a 5-minute chart might simply be breaking out of a pristine, bullish consolidation pattern on a daily chart. Conversely, a stock that looks cheap on a 15-minute chart could be caught in a vicious daily downtrend, turning a perceived "discount" into a value trap.