Technical Analysis Using Multiple Timeframes Brian Shannon Jun 2026
The next day, CNN posts bad news. The stock drops to $125. The novice panics and sells.
Consider a trader evaluating a stock, XYZ Corp. The weekly chart shows price above the 50 EMA and above an anchored VWAP from the 52-week low—a bullish higher timeframe. The daily chart pulls back to the 21 EMA on decreasing volume. The trader places the stock on a watchlist. The next day, the 4-hour chart stabilizes at the anchored VWAP and prints a bullish hammer candle. The lower timeframe (15-minute) then breaks a small downtrend line with a surge in volume. The trader enters long. The stop loss is placed just below the anchored VWAP on the 4-hour chart (logical, structural support). The target is the next anchored VWAP resistance level from the prior high. Every decision—trend, entry, stop, target—is derived from a specific timeframe. There is no guesswork. technical analysis using multiple timeframes brian shannon
Characterized by a sustained uptrend with higher highs and higher lows. This is considered the most profitable stage for long positions. The next day, CNN posts bad news