Technical Analysis Using Multiple Timeframes Brian Shannon Review

Brian Shannon’s "Technical Analysis Using Multiple Timeframes" is a foundational swing trading guide that emphasizes aligning long-term trends with short-term price action to manage risk and identify market stages. Key concepts include Anchored VWAP, volume analysis, and four-stage market cycles to objective analyze price action. For a detailed review, see Seeking Alpha.

Intermediate Timeframe (Daily/Hourly): Used to identify the current market cycle stage—accumulation, markup, distribution, or markdown. technical analysis using multiple timeframes brian shannon

Accumulation: Sideways movement where smart money builds positions. Markup: Sustained uptrend. Purpose: Identifying the setup and the "line in the sand

The Intermediate Timeframe (The "Where")

• Purpose: Identifying the setup and the "line in the sand."
• Action: This is where the trader looks for chart patterns (flags, triangles, wedges) or tests of support/resistance. This timeframe tells you where the trade triggers are located.
• The Rule: Wait for the market to come to you. Patience on this timeframe allows you to define your risk before entering the trade.

Step 3: Execute with the Hourly or 15-Minute Chart (The Timing)

The outer timeframes tell you what to trade. The inner timeframes tell you when to trade. Step 3: Execute with the Hourly or 15-Minute

| Week | Price | | --- | --- | | 1 | $95 | | 2 | $98 | | 3 | $100 | | 4 | $98 | | 5 | $100 |

Shannon famously uses the 65-minute timeframe. Since the U.S. market is open for 390 minutes, this creates six perfectly equal bars per day, eliminating the "partial bar" at the end of the day found in 60-minute charts. Use this to find intermediate patterns like bull flags or cups-and-handles. 3. The 5- or 10-Minute Chart (The "How")

• Needs multi-timeframe price feed and historical bars, order simulation for replay, screenshot export.
• Lightweight CPU usage: compute zones incrementally and cache results per symbol/timeframe.