Technical Analysis Using Multiple Timeframes Brian Shannon 2021 🎯

Brian Shannon’s central thesis is simple:

: Support and resistance zones are formed by market participants' emotional attachment to their entry prices (e.g., "breakeven" points for losing trades). technical analysis using multiple timeframes brian shannon

Related search suggestions invoked.

Shannon argues that AVWAP acts as a "magnet" and a "line of control." When price is above a significant anchored VWAP, the bulls are in control because the average participant is in profit. When price breaks below it, those participants become sellers. By anchoring VWAP on different timeframes (e.g., a weekly anchor for the higher timeframe, a daily anchor for the intermediate), the trader can see exactly where institutional players are likely to defend prices or take profits. In Shannon’s hands, AVWAP is not a magic line but a dynamic support/resistance zone validated by real volume. Brian Shannon’s central thesis is simple: : Support