Using Multiple Link | By Brian Shannon Technical Analysis

Here’s a breakdown of Shannon's four market stages:

Using multiple time frames offers several benefits, including: by brian shannon technical analysis using multiple link

On the 65-minute chart, the stock experiences a healthy, low-volume orderly pullback toward its rising 20-period moving average or a previous resistance-turned-support level. A bull flag pattern forms. Here’s a breakdown of Shannon's four market stages:

By harmonizing these three views, traders can identify high-probability, low-risk opportunities where the short-term pullback aligns with the long-term trend. Key Technical Tools in Shannon’s Approach Key Technical Tools in Shannon’s Approach October 26,

October 26, 2023 Prepared For: Technical Analysis Research Desk Subject: Core Tenets of Brian Shannon’s Market Structure, Volume, and Trend Analysis

Let the stock pull back on lighter volume toward the 20-day EMA. Do not buy blindly on the way down; wait for the price to stabilize.

After a long decline, the stock stops falling and begins moving sideways. Volume dries up as sellers lose interest, and smart money begins quietly building positions. The price moves back and forth across a flattening 30-week (or 150-day) moving average. Stage 2: The Markup Phase