Used to identify specific trade setups and confirm market cycles. Lower Timeframes (15-minute/5-minute):
Shannon typically views —weekly, daily, 30-minute, 15-minute, and 5-minute—to see how shorter-term trends interplay with the bigger picture. The highest-probability trades occur when these trends align. 2. The Four Stages of Market Cycles
: A period of sideways price action following a downtrend where large players build positions. Price typically stays below key moving averages.
Based on its clear explanations, practical examples, and comprehensive coverage, I would rate "Technical Analysis Using Multiple Time Frames" by Brian Shannon 4.5 out of 5 stars.