Technical Analysis Using Multiple Time Frame By Brian Shannon.pdf May 2026

• Multiple time frame analysis involves analyzing a financial instrument on different time frames to gain a more comprehensive understanding of its price movement.
• Using multiple time frames offers several benefits, including better understanding of market trends, improved pattern recognition, and enhanced risk management.
• To apply multiple time frame analysis, traders should choose the right time frames, analyze the long-term trend, identify short-term fluctuations, and look for convergence between the different time frames.

Rule #2: Moving Averages are "Dynamic Support/Resistance" One of Shannon’s most famous contributions is how he uses moving averages (specifically the 8, 20, and 50-period SMAs/EMAs) across timeframes. Size position by risk, not by conviction

The Core Concept: Context is King

Shannon’s central thesis is simple: A trend on one timeframe is merely a reaction on a larger timeframe. Multiple time frame analysis involves analyzing a financial

• Action: Drop to the 60-min or 15-min chart.
• The Signal: Wait for price to come into the "buy zone" identified on the daily chart. On the LTF, you are looking for trend reversal signals (e.g., a higher low, a bull flag, or a volume climax).
• Execution: Enter the trade only when the LTF confirms the reversal. Place your stop loss below the recent LTF swing low.

Brian Shannon’s Technical Analysis Using Multiple Timeframes (2008) provides a structured approach to trading by emphasizing trend alignment across weekly, daily, and intraday charts. The methodology focuses on "price action pays," advocating for the use of Anchored VWAP to identify supply and demand imbalances and utilizing the four market stages (Accumulation, Markup, Distribution, Markdown) to guide trading decisions. Read more about this approach at Amazon. consult a professional. Learn more

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