I'm analysing what I see on the chart of EURCHF (a pair that I do not trade). Overall there is much pressure for the south coming from higher time frames. This presents much risk lower down the road. But all that matters is how loss is controlled, when trading between 15 min to 4H (for example). Lower time frames oscillate within of higher time frame pressure. So I think that's why it is important to 'look higher'.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus https://youtu.be/NjTdvALChwk ]