Start with the weekly or daily chart to establish the dominant market trend. Is the asset in an uptrend, downtrend, or consolidation phase?
Here is a clear, step-by-step process you can follow:
The upward momentum stalls. Institutional buyers begin selling their shares to retail traders. Volatility increases, and a rounding top or head-and-shoulders pattern often forms. Start with the weekly or daily chart to
The trend where price rises, attracting general market attention.
Shannon’s methodology emphasizes that every trends exists within a larger market cycle. Understanding where an asset sits in this cycle prevents you from buying at the absolute top or selling at the absolute bottom. Institutional buyers begin selling their shares to retail
Always ensure the trade direction matches the higher timeframe trend.
Maximum Trading Gains with the Anchored VWAP results from decades of research and application by the author. It builds on Shannon' attracting general market attention.
To apply Shannon's principles safely and effectively without needing a pirated PDF, follow this step-by-step analytical routine before placing any capital at risk: Action Item Technical Focus Identify the Stage Weekly/Daily Charts
Technical Analysis Using Multiple Timeframes ... - Amazon.com
There is no page 57 magic bullet. The number "57" typically refers to the concept of alignment :
Master the Markets: A Deep Dive into "Technical Analysis Using Multiple Timeframes" by Brian Shannon