Imagine driving a car while looking only two feet ahead of the front bumper. You can see the immediate pavement, but you miss the upcoming turn, the traffic jam three blocks away, or the deer standing in the middle of the road. That is single timeframe trading.
Note: The mathematical rule of thumb is to divide the higher timeframe by 4 to 6 to find the next logical lower timeframe (e.g., Daily divided by 6 = 4-Hour). technical analysis using multiple timeframes pdf work
Here is an example of multiple timeframe analysis on the EUR/USD currency pair: Imagine driving a car while looking only two