Technical Analysis Using Multiple Time Frame By Brian Shannonpdf — Full ((better))

Price moves sideways; smart money accumulates.

Identify the nearest major daily resistance level that could stall an intraday move. 2. The 15-Minute Chart (The Setup) Watch the opening 15 to 30 minutes of the trading day. Price moves sideways; smart money accumulates

The asset breaks out of the accumulation zone on high volume, establishing a clear uptrend. Price moves sideways

Step 3: Analyze the 5-Minute or 15-Minute Chart (The Trigger) Price moves sideways; smart money accumulates

Focus exclusively on buying dips or trading bullish breakouts. Stage 3: Distribution (The Topping Phase)

The you trade (stocks, crypto, forex, or options) What charting software you use

: Identifies the primary structural trend and the current market stage [1].