Technical Analysis Using Multiple Timeframes By Brian Shannon Pdf Exclusive Free 14l Better Jun 2026

Imagine looking at a forest through three different lenses.

While the book covers many tools, Shannon is famous for his use of the . He advocates for "anchoring" the VWAP to significant events—such as earnings reports, swing highs, or swing lows—to see how the average participant has fared since that specific point in time. This acts as a powerful "hidden" support and resistance level. Why You Should Support the Author Imagine looking at a forest through three different lenses

In this case, we can see that there is a divergence between the long-term and intermediate-term trends, with the long-term trend being bullish and the intermediate-term trend being bearish. We can also see that the short-term trend is bullish, with a series of higher highs and higher lows. This acts as a powerful "hidden" support and

. Here, you look for patterns like a "cup and handle" or a "bull flag" that align with the Daily trend. The Concept: You are looking for a correction within a trend indicating a strong bearish bias.

The weekly chart of the EUR/USD shows a clear downtrend, with the price making lower highs and lower lows. The Relative Strength Index (RSI) is also trending lower, indicating a strong bearish bias.