Shannon calls this — not countertrend trading.
: Always start with the "big picture" (e.g., weekly or daily charts) to determine the overall market direction.
: Shannon typically monitors five timeframes simultaneously—weekly, daily, 30-minute, 15-minute, and 5-minute—to see the interplay between broad trends and immediate price action. Anchored VWAP (AVWAP)
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: A sideways period after a downtrend where institutional players build positions. Price remains below key moving averages with low volatility. Stage 2: Markup
