Technical Analysis Using Multiple Time Frame By Brian Shannon.pdf Jun 2026
The three key timeframes Shannon focuses on are:
Before looking at any shorter-term chart, examine the weekly or monthly chart. Identify whether the stock is in a primary uptrend, downtrend, or ranging environment. Mark key support and resistance levels. The three key timeframes Shannon focuses on are:
Analyze the daily chart: Is the long-term trend up (Stage 2 Markup), down (Stage 4 Decline), or neutral (Stage 1/3)? Your primary bias should never fight this. Analyze the daily chart: Is the long-term trend
For example, instead of buying a breakout blindly on the hourly chart, you might drop to a 15-minute chart to wait for a pullback to support. This allows for tighter stop losses and better risk-to-reward ratios. This allows for tighter stop losses and better
This article synthesizes the core principles of Shannon's MTF philosophy, explaining why it is the bedrock of risk management and high-probability trading.