Whether you are a long or short-term trader, no matter the timeframes you are using to analyze the market, others might be trading differently. This is more reason why I like to use at least 5 timeframes for trading, which will surely increase my chance of capturing the true psychology of the market at that time. And you know what? All of them must agree on a particular direction before I pull the trigger.
Trading is hard and even you are trading, with shorter time frame for your trading positions than what you can do with investment, you should look at the chart from wide time frames to narrow time frames.
Wide time frames like year and month charts can help you to see overviews of market cycles and latest trend. Such overview will help you to have better plan for your trading and help you to have plan B when your trading position is failed. If you trade spot, when your Plan A fails, you can use Plan B and do something like moving from Trading to Investment. It helps you to avoid loss from Trading.
Narrow time frames will help you to find good entries for your trading positions and potential exit prices to take profit as well as cut loss prices. You can not find those prices if you only look at narrow time frames and skip wide time frames.