Used to identify the dominant trend and primary support or resistance levels.

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Understanding market structure requires looking at the charts from more than one perspective. Brian Shannon’s acclaimed trading methodology highlights a core truth: price action on a 5-minute chart looks entirely different from a daily chart, yet they are deeply interconnected.

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If you would like to map out a personalized trading plan based on these concepts, please let me know:

: Trading solely on a 5-minute chart means you might unknowingly short a stock directly into a major daily support level.

: Price sustains breaks above the rising 20-day, 50-day, and 200-day MAs.

is a cornerstone text for traders looking to align short-term execution with long-term market trends. Published in 2008, the book provides a structured "textbook" approach to understanding market cycles and the psychology of price movement. Core Principles of Shannon’s Methodology

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