Technical Analysis Using Multiple Timeframes Brian Shannon -

On the morning of the trade, monitor the 5-minute chart. Look for a catalyst, such as: A break above an intraday opening range. A break above a declining short-term trendline.

Price crossing back above a rising 5-minute Volume Weighted Average Price (VWAP). Step 4: Define the Risk technical analysis using multiple timeframes brian shannon

The asset breaks out of the Stage 1 resistance and begins making a series of higher highs and higher lows. On the morning of the trade, monitor the 5-minute chart

| Mistake | Brian Shannon’s Correction | | :--- | :--- | | Using too many timeframes (e.g., 1-min, 5-min, 15-min, 1-hr, 4-hr, daily) | Stick to primary timeframes that differ by a factor of ~4-6x (e.g., weekly, daily, 60-min). | | Entering because the LTF looks good, ignoring HTF | "The higher timeframe is your boss." Never fight the weekly trend for a swing trade. | | Placing stops based on arbitrary percentages | Place stops based on timeframe structure – below the last LTF swing low or a broken AVWAP. | | Using indicators as primary signals | Price and volume + AVWAP come first. Indicators like RSI are only for divergence confirmation on the HTF. | Price crossing back above a rising 5-minute Volume