Technical Analysis Using Multiple Timeframes: The Brian Shannon Approach
A close below an anchored VWAP on the timeframe it was anchored to signals a potential invalidation of that thesis. technical analysis using multiple timeframes brian shannon
By analyzing multiple timeframes, the trader gains a more comprehensive understanding of the market trend and potential trading opportunities. In this case, the trader may consider buying the stock based on the bullish breakout pattern on the hourly chart, while also considering the longer-term bullish trend on the monthly chart. technical analysis using multiple timeframes brian shannon