Technical Analysis Using Multiple Time Frame By Brian Shannon.pdf

You cannot accurately read a 5-minute chart without knowing whether the 60-minute chart is trending up, down, or sideways. The higher timeframe acts as the gravitational field for the lower timeframe.

Brian Shannon’s Technical Analysis Using Multiple Timeframes You cannot accurately read a 5-minute chart without

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Shannon refers to VWAP as the only indicator providing the "Source of Truth" by accounting for both price and volume, representing the average price institutions paid for their positions. It serves as dynamic support/resistance, helps identify whether institutional traders are in profit or loss, and guides precise entries when price reclaims VWAP on volume. Try again later