Technical Analysis Using Multiple Time Frame By Brian Shannonpdf Link Today
Brian Shannon ’s core methodology focuses on identifying the four stages of a market cycle and using a top-down, multiple timeframe approach to align trades with the dominant trend while minimizing risk. Core Philosophy: The Four Stages of the Market Cycle
Stage 2: Markup: A sustained uptrend marked by higher highs and higher lows. This is the primary stage for profitable long positions. Brian Shannon ’s core methodology focuses on identifying
On the higher time frame: identify trend, major support/resistance, and key moving average (e.g., 50/200 MA).
On the intermediate time frame: mark swing highs/lows, order blocks, and consolidation zones; note where price is relative to the higher-time trend.
Wait for price to reach a confluence area that aligns with the higher-time trend direction.
Drop to the lower time frame to watch for a clean entry pattern: failed break, retest, volume spike, or micro-structure break (higher high/low or lower low/high).
Set stop-loss beyond the invalidation level on the lower time frame; set a first profit target at the next structural level on the intermediate frame, and scale out further at higher-time targets.
Manage trade: trail stop to breakeven after a defined move, or follow structure-based trailing stops (e.g., recent swing low/high).
Using multiple time frames in technical analysis offers several benefits, including: On the higher time frame: identify trend, major