Here are some key points from Brian Shannon's approach:

Brian Shannon is a well-known authority on technical analysis, and his work on multiple time frame analysis is highly regarded. In his book, "Technical Analysis Using Multiple Time Frames," Shannon provides a comprehensive guide on how to apply technical analysis across different time frames to gain a more complete understanding of market trends.

: Identifies the intermediate trend and the current stage of the market cycle. Intraday (30m, 15m, 5m)

: A sideways period at the peak as large holders exit positions. Stage 5: Decline/Markdown : A downtrend where price falls, often on its "own weight". Seeking Alpha Key Technical Indicators & Tools Anchored VWAP (Volume Weighted Average Price)

: This is the tide. It dictates the overall direction and long-term momentum.