Technical Analysis Using Multiple Time Frame By Brian Shannonpdf Full [top] Jun 2026

When day trading or swing trading, always check where the next major resistance level sits on the daily or weekly chart. Use those macro levels to scale out of positions.

– 60-minute or 4-hour chart

Intermediate traders who struggle with conflicting timeframes or want to improve trade timing using higher timeframe trend + lower timeframe entry.

Stage 2: Markup – The stock breaks out of the base and begins a series of higher highs and higher lows. This is the "buy" zone.

If the daily chart is in a Stage 4 markdown, do not attempt to scalp a long position on a 5-minute chart based on a minor oversold bounce. The macro trend will eventually overwhelm the micro setup. When day trading or swing trading, always check

The stock breaks out of the Stage 1 resistance on high volume, making higher highs and higher lows. The 20-day and 50-day moving averages slope upward.

Traditional technical analysis often focuses on a single time frame, such as a daily or weekly chart. While this approach can provide valuable insights, it has significant limitations. By only examining a single time frame, traders may miss important context and relationships between different market periods. This can lead to incomplete or inaccurate analysis, resulting in poor trading decisions.

To help apply this strategy to your specific asset class, tell me:

Price moves sideways; smart money accumulates. Stage 2: Markup – The stock breaks out

A common technique involves observing the first 30 minutes of price action to establish the intraday range, and then trading in the direction of the break of that range, provided it aligns with the daily trend. Conclusion: Why This Method Works

Brian Shannon’s book is worth every penny for serious traders. But even without it, you can start today: pick a daily chart, an hourly chart, and a 15-min chart. Look for alignment. Trade small. And .

Stage 4: Decline – The stock breaks down from the distribution phase, entering a downtrend characterized by lower highs and lower lows. The Power of Multiple Timeframes

Map out major historical horizontal support and resistance levels. Look at the slope of the 30-week or 40-week moving average. 2. The Daily Chart (The Setup) The macro trend will eventually overwhelm the micro setup

Look for chart patterns like flags, breakouts, or pullbacks to moving averages that align with the daily trend. The Trigger Time Frame (The 10-Minute or 5-Minute Chart) Purpose: To pinpoint the exact entry and manage risk.

Observe how the asset behaves within the daily trend. Look for intermediate patterns like bull flags, flat tops, or temporary pullbacks to key AVWAP lines. Step 3: Isolate the Entry (5-Minute or 10-Minute Chart)

As the trade moves in your favor, trail your stop-loss higher behind key moving averages or structural higher lows on the intermediate time frame. Conclusion: Price Analysis is Objective