I can provide the specific chart settings and scanning formulas to help you track these market phases automatically. Share public link
The Anchored VWAP is a premier tool for multi-timeframe analysis. Anchoring this tool to significant market events—such as earnings reports, swing highs, or market bottoms—reveals the true average price paid by institutional players since that event. If the price remains above an anchored VWAP on multiple timeframes, buyers are in control. Moving Averages
If you have Brian Shannon's PDF on a 14-inch laptop, you are equipped to practice true "situational trading." You can have your Daily chart open on the main screen (Higher Timeframe), your 4-Hour chart in a smaller window (Intermediate), and your 15-minute chart ready for entries (Trigger), all on one portable device. I can provide the specific chart settings and
: A sustained downtrend where short positions are favored. Technical Tools and Psychology
The weekly chart is in an uptrend, the daily chart shows an uptrend, and shorter-term moving averages are fanning out to the upside. If the price remains above an anchored VWAP
The book, written by Brian Shannon, a renowned expert in technical analysis, focuses on the importance of using multiple timeframes to gain a more complete understanding of market trends and make more informed trading decisions. Shannon provides readers with practical strategies and techniques for analyzing markets across various timeframes, from short-term to long-term.
: High volatility and sideways movement where institutional investors sell to latecomers. Technical Tools and Psychology The weekly chart is
Brian Shannon’s "Technical Analysis Using Multiple Timeframes" is an influential guide focused on aligning trading trends across various time periods to identify low-risk, high-probability entry points. The methodology emphasizes market cycle stages, price structure, and the use of Volume Weighted Average Price (VWAP) to anticipate market movements. For an in-depth summary and educational resources, visit Alphatrends
The central problem Shannon addresses is "tunnel vision." Most novice traders become obsessed with a single chart—be it a 5-minute, 1-hour, or daily chart. They see a breakout or a reversal and act immediately, often being crushed by a larger, unseen trend working against them. As Shannon points out, looking at a stock on a weekly, daily, and hourly chart can tell completely different stories. Without context, you are simply gambling.
. His core philosophy is that "only price pays," and by studying market structure rather than just reacting to news, traders can identify high-probability setups with low risk. The Four Stages of Market Cycles