So what are the benefits of looking at multiple time frames?
1. They give you different perspectives and views of a currency pair.
2. They enable you to spot upcoming support or resistance areas.
3. They enable you to spot trend changes earlier.
4. They help you to enter or exit a trade as early as possible.
5. They help to confirm the trend change in a higher time frame.
6. They allow you to know what other market participants are thinking.
7. They enable you to see the small picture, medium picture, and the big picture.