Technical Analysis Using Multiple Time Frame By Brian Shannonpdf Link |work|
Before entering any trade, Shannon encourages you to ask three critical questions to maintain discipline and ensure you are not acting on emotion:
A central pillar of Shannon´s approach is his , which helps you classify any market at any given time: Before entering any trade, Shannon encourages you to
On the weekly chart, we see that the price is in a long-term bullish trend, with the price making higher highs and higher lows over the past year. We also identify a resistance level at 1.1500, which has been tested several times. Before entering any trade
: A sideways period following a downtrend where "smart money" builds positions. Price stays below key moving averages with low volatility. Before entering any trade, Shannon encourages you to