Some people argue that a chart should be unambiguous to the audience without having to specify the exact context, and to do that you would have to err on the side of caution and introduce perhaps more 'ink' than you would otherwise need to when the context is understood (or if there is already an existing convention).
So looking at the chart that you provided, I can see some opportunity to optimize the clarity of the information if you want to achieve the ability for the chart to be a stand-alone piece of information.
- Add a title to the chart that is meaningful (and can reduce the labeling required)
- Present both major and minor tick marks (if it is not too dense)
- Use interactive elements on the chart to introduce or reduce information when the section is not active or focused on
- Establish a standard or convention so you don't need to repeat certain bits of information or design when the context is clear