One of Shannon’s key points is that market structure is fractal. A consolidation pattern on a daily chart (like a cup and handle) looks exactly the same on a 5-minute chart.
Brian Shannon, CMT and founder of Alphatrends, addressed this critical failure in his foundational work, Technical Analysis Using Multiple Timeframes . His philosophy is not about predicting the future, but about assessing probability and managing risk through . technical analysis using multiple timeframes brian shannon
After a downtrend, price moves sideways as institutional players build positions. Volatility is low, and price remains below key moving averages. One of Shannon’s key points is that market
Maximum Trading Gains With Anchored VWAP: The Perfect Combination of Price, Time & Volume His philosophy is not about predicting the future,
While many technical analysts use moving averages, Shannon elevated to a central role. Unlike a simple moving average, which gives equal weight to all prices, AVWAP incorporates both price and volume from a specific starting point (e.g., an earnings gap, a major low, or a high). AVWAP calculates the average price paid by all market participants since that anchor.