The upward momentum slows. The stock moves sideways again as "smart money" begins to sell their positions to latecomers.
Wait for a short-term pullback or a consolidation pattern (like a flag or a pennant) within that larger uptrend. The upward momentum slows
For example, on a 5-minute chart, a trader might see a bullish trend emerging, but on a 30-minute chart, the trend might look more neutral. By analyzing both timeframes, the trader can gain a more nuanced understanding of the market's dynamics and make a more informed decision about whether to enter a trade. For example, on a 5-minute chart, a trader
VWAP and AVWAP are central to Shannon’s trading success. As he teaches, the VWAP is the only indicator that provides the "Source of Truth" by accounting for both price and volume. The AVWAP extends this by anchoring the calculation to a specific starting point, such as a major low, a high, or a news event. As he teaches, the VWAP is the only
Using multiple timeframes allows you to step back and view the broader picture:
Brian Shannon's " Technical Analysis Using Multiple Timeframes
Shannon emphasizes that the most reliable, high-probability trades occur when entering established Stage 2 trends at low-risk, high-profit levels.