Brian Shannon ’s approach to technical analysis focuses on aligning multiple timeframes to identify low-risk, high-probability entry points. His methodology, detailed in his book Technical Analysis Using Multiple Timeframes

Step 3: Execute on the Lower Timeframe (LTF)

  • Action: Switch to the 60-minute or 15-minute chart once price reaches the ITF support zone. Wait for a reversal signal: bullish candlestick pattern (hammer, engulfing), break of a minor downtrend line, or LTF Anchored VWAP support.
  • Output: A precise entry with a tight stop loss just below the LTF reversal low.
  • Look at the Daily Chart (Intermediate): Is it above the major moving averages (often the 20 and 50 EMA)? Is it making higher highs?
  • Drop to the Intraday Chart (Short): Wait for a pullback to a previous breakout level or a moving average support.

He famously states that price movement is fractal. What you see on the weekly chart is the tide. What you see on the daily chart is the wave. What you see on the hourly chart is the ripple.

Shannon recommends observing up to five timeframes simultaneously to see the interplay between long-term structure and short-term noise.

Technical Analysis Using Multiple Timeframes : Brian Shannon

(2008), he outlines a systematic methodology for identifying low-risk, high-probability trades by aligning different chart intervals. Core Philosophy: "Only Price Pays"