: Using higher timeframes to ensure trades align with the dominant market direction. Risk Management
The central premise of Shannon’s methodology is that every market move is part of a larger structural cycle. He breaks these into four distinct stages: Accumulation: The period where institutional buying stabilizes price. The primary uptrend phase. Distribution: : Using higher timeframes to ensure trades align
"Technical Analysis Using Multiple Timeframes" by Brian Shannon is a popular book that provides traders with a comprehensive guide to technical analysis using multiple timeframes. The book covers various topics, including: : Using higher timeframes to ensure trades align