Short-term charts are often noisy and deceptive.
Brian Shannon, CMT (Chartered Market Technician), is a highly respected American author, educator, and veteran swing trader. He founded Alphatrends in 2005, an online trading community dedicated to providing technical analysis and trading education. Shannon is best known for popularizing the Anchored VWAP (Volume Weighted Average Price) and establishing structured frameworks for multiple timeframe analysis. His approach blends price action, volume, and moving averages across various chart horizons to find high-probability, low-risk setups.
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The stock moves sideways after a long decline. Buyers quietly build positions. Short-term charts are often noisy and deceptive
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Accumulation begins after a period of decline. It is a transitional period where once-aggressive sellers begin to ease their activities. From a momentum point of view, Stage 1 represents a period of diminished volatility and trading volume as the lack of a clear trend discourages many participants. It is a neutral period, marked by a contraction of price ranges that offer no tradable edge for trend traders. Shannon is best known for popularizing the Anchored
If the price is above the HTF AVWAP, the bulls are in control.
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Know your exact exit price before you press the buy button. Circumventing authors who invest decades into refining their
Technical Analysis Using Multiple Timeframes by Brian Shannon: A Definitive Guide
Volatility increases. LTF starts making lower lows while the HTF still looks bullish—this is the first warning sign of a top.
Before diving into multiple timeframes, Shannon emphasizes that every stock or asset moves through four distinct cyclical stages. Identifying which stage an asset is in prevents traders from fighting the primary trend.
Brian Shannon’s philosophy on multiple time frame analysis (MTFA) focuses on the "alignment of trends." He argues that understanding how short-term price action fits into long-term structures is the only way to achieve a high risk-to-reward ratio.