: Support and resistance zones are formed by market participants' emotional attachment to their entry prices (e.g., "breakeven" points for losing trades).
It stays consistently above a rising 20-day or 50-day moving average. technical analysis using multiple timeframes brian shannon
Shannon is a pioneer in the use of the Anchored Volume Weighted Average Price (AVWAP), which he covers extensively in his subsequent work, Maximum Trading Gains with Anchored VWAP . : Support and resistance zones are formed by
: Used for intermediate trend analysis and identifying the current market cycle stage. technical analysis using multiple timeframes brian shannon