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Three timeframe confluence: weekly and daily stack for trade, H4 fresh high increases confluence.

From Advanced Dealing Ranges Explained: The Only Strategy You Need · jumps to 20:59 · speech

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Hopefully with this stacking and this nested range idea, ideally we're looking a short this based on the weekly chart alone as it gets into the premium. These two alone, like I showed you in the last screenshot there, the daily trades a little bit higher to the point where it gets this into the premium. Well now we've had the daily and the weekly stack. That's good enough to probably take a trade. But you know what would make this really a plus is if the four hour put in a fresh range high here with displacement, okay, and then broke down because then what would that give us? That would now give us a bearish four hour range in the premium and that would also shift us above that daily high, which would put the weekly into the premium.
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