The charts I post here is aimed to illustrate my view on things. I use the tools available here at TV, but with that said I do not vouch for any of its individual accuracy. Personally I do not consider time (as in what TF you trade on) to be of importance. I track and trade price levels and price levels only. Its either a fair deal, an awesome deal or a crappy deal to me.
This chart is interesting as I get a heads up on something about to happen. Can I predict the outcome? No I can not, but I will pay close attention now and trade accordingly as I see price action develop. Trading for me is less predicting whats gonna happen and more reacting to what happens.
Good luck and stay awesome