By Brian Shannon Technical Analysis Using Multiple Link -
Identifies the overall market direction and major support/resistance levels that carry the most weight.
By using , you did not buy the top ($105) or the middle of a consolidation. You bought the low of the value area. by brian shannon technical analysis using multiple link
If you ignore the higher timeframe links, you are trading blindfolded in a minefield. Respect the longer trend, use the shorter chart for precision, and always— always —link your analysis. use the shorter chart for precision
The price breaks out from the accumulation phase, beginning a sustained uptrend characterized by higher highs and higher lows. This is the most profitable stage for long positions. Stage 3: Distribution by brian shannon technical analysis using multiple link