Technical Analysis Using Multiple Time Frame By Brian Shannonpdf Link
By comparing and contrasting the analysis of the daily, weekly, and 4-hour charts, we gain a more complete understanding of market trends and patterns. We see that the price is in a long-term bullish trend (weekly chart), a medium-term bullish trend (daily chart), and a short-term bullish trend (4-hour chart). We also identify potential areas of support and resistance, which can be used to set stop-loss levels and manage risk.
: Price is paramount, but volume reveals the emotional condition of buyers and sellers. Large volume without further upside indicates distribution. Moving Averages By comparing and contrasting the analysis of the
Here are some key points from Brian Shannon's approach: and 4-hour charts