A stock can look bearish on a 5-minute chart but remain in a powerful uptrend on a daily chart. Shannon teaches traders to look at longer timeframes (like daily or weekly charts) to identify the macro trend, and then use shorter timeframes (like 10-minute or 15-minute charts) to manage risk and find low-risk entry points.
[Macro Trend: Weekly Chart] ---> Defines Market Direction │ ▼ [Tactical Setup: Daily Chart] ---> Locates Structural Patterns │ ▼ [Execution Trigger: Intraday] ---> Pinpoints Precise Entry & Stops The Anchor: VWAP (Volume Weighted Average Price) A stock can look bearish on a 5-minute