There will be a timeframe on which you will execute. Everything above can be considered higher timeframe.

Regardless, top-down analysis is still applicable no matter what. In that case "higher timeframes" will function as a parent figure to all the lower ones, and our ETF’s.

We start our analysis on weekly, to see what price is doing. Where the candle will most likely expand to, this helps us understand and build that narration of where price wants to go.

From there we drop down into the daily timeframe and go through our process, understand how every daily candle close that week is feedback for your narrative that you have on the weekly.

The daily timeframe is by far the most important, I see this as the equilibrium of the higher timeframes. Pivotal timeframe. This is because all important liquidity pools are on this timeframe. It's natural as well. The investment banks work on 9-5s as well, so daily close, opens etc. are all notable.

At all times, the price delivery will lock into daily levels, liquidity voids and so on.

Note the hierarchy in this case, if the daily timeframe overlaps with the lower timeframes, we can conclude that the daily TF is the driving force behind it. Adds extra confluence to your narrative.

High probably conditions = A++ setups;

When we have clear weekly direction, in line with daily targets.

Weekly & Daily = in sync.