By Brian Shannon Technical Analysis Using Multiple Link File
: Use lower timeframes (like 15-minute or 5-minute charts) to find precise entry points that offer the best risk-to-reward ratio.
: Shannon advocates for a top-down approach. Traders should start with higher timeframes (e.g., weekly or daily) to identify the primary trend and major support/resistance levels, then "drill down" to shorter timeframes (e.g., 30-minute or 5-minute) to find precise, low-risk entry points. by brian shannon technical analysis using multiple link
– A sideways period where big players begin to sell. : Use lower timeframes (like 15-minute or 5-minute
Shannon emphasizes that every stock moves through a cycle. Understanding where a stock sits in these four stages determines whether you should be buying, selling, or staying on the sidelines: 30-minute or 5-minute) to find precise