As of the writing of this post, however, the 5 min. 8 has crossed the 34, so the setup is no longer favorable for a trade in the direction of the 1H trend. Consequently, waiting is advisable until there is consistency between the two time frames.
When and if consistency develops, look to enter upon candle touches or penetrations of the 8 , placing your stop slightly below the last 5 min. swing low (in the case of a long) and move the SL to break even as soon as practicable.