High probability of a bounce here I think.
Trade active:
Filled
Trade closed: target reached:
I made less than what I risked :'(
I got a limit close at 1.311.
Noise makes such a big impact on these timeframes.
But it's ok, hindsight legends traders 23 years old stock market trader millionaire can day trade with huge risk to rewards "it's how I manage my risk" and noise does not impact him. Cringe.
I used to scale in with this kind of things, maybe that is better? I think that's how Dan from TCG does it. If the winrate of a strategy is really high but it oftens pushes deep in lots of randomness, then logically scaling in makes sense.
I used to be pretty profitable that way too.
Idk...