Is the stock pulling back to a key moving average?
A close below an anchored VWAP on the timeframe it was anchored to signals a potential invalidation of that thesis.
Brian Shannon’s central thesis is simple: technical analysis using multiple timeframes brian shannon
Set your stop-loss below the recent low on the 60-minute or 5-minute chart, ensuring your potential profit is at least 2-3× your risk.
In his MTFA approach, he relies on:
Building on his foundational work, Shannon wrote a second book, which extends the VWAP concept into a powerful tool for measuring sentiment relative to specific market events .
Because you are aligned with the trend, your trades have a higher probability of success 1.2.4. Is the stock pulling back to a key moving average
Shannon’s core philosophy is elegantly simple but profoundly effective: price action viewed across different magnification levels reveals the full story the market is trying to tell.