Technical Analysis Using Multiple Time Frame By Brian Shannonpdf Work |work| Today

| Timeframe | Role | Required Condition for a Long Trade | | :--- | :--- | :--- | | | Trend | Price > 20 SMA, sloping up. | | Daily | Value | Price pulling back to VWAP or 50 SMA. | | 60-min | Trigger | Bullish reversal candle or break of minor trendline. |

Shannon teaches that the multi-timeframe trader must look for —a spot on the chart where several independent tools point to the same price level. For example: | Timeframe | Role | Required Condition for