: If a short-term chart signals a "buy" while the long-term chart is in a downtrend, the trade is generally avoided because the larger timeframe carries more weight. The Four Stages of Market Cycles
They didn’t check the "links."
The most favorable setups occur when all timeframes align in the same direction, attracting various market participants from scalpers to institutional investors. The Four Stages of Market Cycles by brian shannon technical analysis using multiple link
This linkage prevents the two deadliest sins of retail trading: : If a short-term chart signals a "buy"
Brian Shannon’s methodology is a blend of classic Dow Theory (trend following) and modern volume analysis (VWAP). The "link" in his work represents the critical connection between the macro view (Daily chart) and the micro view (Entry chart). by brian shannon technical analysis using multiple link