. Unlike standard moving averages, AVWAP starts from a specific event—like an earnings gap, a major high/low, or the start of the year.
This is the macro lens (e.g., weekly or daily chart). Its sole purpose is to answer, "What is the dominant trend?" Shannon insists that traders must never fight the higher timeframe trend. If the weekly chart is in a downtrend, a daily bullish candle is likely a counter-trend bounce, not a new trend. The higher timeframe provides context and risk parameters. technical analysis using multiple timeframes brian shannon
Brian Shannon's methodology, detailed in his 2008 book Technical Analysis Using Multiple Timeframes Its sole purpose is to answer, "What is the dominant trend
– The breakdown. Sellers are in control, and the stock makes lower highs and lower lows. 2. The Multi-Timeframe Framework Brian Shannon's methodology, detailed in his 2008 book
Maximum Trading Gains with the Anchored VWAP results from decades of research and application by the author. It builds on Shannon'
: Shannon explicitly discourages "buying the dip" in a vacuum; instead, he advocates waiting for a trend reversal and renewed strength on a lower timeframe before entering. Precise Exit Management :
