Understanding the environment is a key application to your strategy. It will allow for a dynamic approach to trading and that is essential.
Try play HTF swings in this current environment. You will be headless. The books are thin at the moment and we are in an illiquid market.
We are forming liquidity for the move to come and the structure is an indication to where we may be headed. The probability is skewed to the upside - albeit we are in a range.
The art of this is messy. It is a bunch of scribbles and splattered thoughts. The role of the successful is to make meaning of these scribbles and splatters and somehow make viable links. That to me is true Three-Dimensional Thinking.
Mandelbrot theory of fractals make a lot of sense, when it comes to the snowballing effect that lower time frames have on higher time frames. I read the book a while back but the 'fractal' thought in terms of time frames is making me want to study this in more depth.