I think you can use multiple timeframes from daily, H1 and M15 or M5, on the daily timeframe you can analyze the chart pattern what going on some days past, it can be used to get the big picture dominance market on bullish or bearish then going to H1 timeframe, and analyze swing high and swing low to plan trading based strategy, and lower timeframe M15 used to get detailed price pattern on short term, this useful to determine entry