Occurs after a long decline. Prices move sideways with low volatility as "smart money" builds positions.
Shannon argues that every market moves through four distinct phases. Recognizing which stage a stock is in helps a trader decide whether to be aggressive, defensive, or sidelined. Occurs after a long decline
A sustained downtrend with lower highs and lower lows. Short positions are prioritized here. 2. The Multi-Timeframe Strategy Occurs after a long decline
Technical Analysis Using Multiple Timeframes ... - Amazon.com Occurs after a long decline
Brian Shannon’s is widely considered a foundational "textbook" for traders. Rather than offering a rigid, one-size-fits-all system, Shannon provides a logical framework for understanding market structure and aligning trades with the dominant trend.