Volatility is low and price remains below key moving averages. A sustained uptrend with higher highs and higher lows. This is the most profitable phase for long positions.
For those interested in learning more about technical analysis using multiple timeframes, a free PDF guide is available. The guide, written by Brian Shannon, provides a comprehensive overview of his approach to multiple timeframes and how to apply it in technical analysis. Volatility is low and price remains below key
: Used to pinpoint entries and exits (e.g., 5-minute or 1-minute charts). written by Brian Shannon
Typically the 5-minute or 2-minute chart. This is used to pinpoint exact entry and exit points to minimize risk. The Alignment Principle Volatility is low and price remains below key
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