By Brian Shannon Technical Analysis Using Multiple Link ((free)) ⚡ Latest

Once in a trade, most traders stare at the 1-minute chart. Wrong.

Before diving into the mechanics of his system, it's worth understanding the man behind the methodology. Brian Shannon is not just a theorist; he's a battle-tested market veteran who entered the business in 1991 and has navigated numerous market cycles. He founded the trading education platform AlphaTrends in 2006 and was awarded the professional designation of Chartered Market Technician (CMT) in 2013.

If you are trading a 5-minute chart, your "higher link" should be the 1-hour. Do not try to link a 5-minute entry to a Weekly stop loss. The distance is too great. Your risk will be astronomical. by brian shannon technical analysis using multiple link

Shannon categorizes every stock or asset into one of four stages, as detailed in various technical analysis reports :

Look at the 5-minute or 15-minute chart. Wait for an intraday breakout above a declining trendline or a clearing of the morning high. Once in a trade, most traders stare at the 1-minute chart

Multiple time frame analysis involves examining a security's price action across different time frames to gain a more comprehensive understanding of its trend and potential future movements. This approach helps traders to:

A cornerstone of Shannon's analysis is the recognition of the four distinct stages a stock moves through: Brian Shannon is not just a theorist; he's

Volatility remains low, and the price typically stays below key moving averages. Stage 2: Markup