Whatever scenario happens, it doesn't matter on trading technique. When price is falling down below opening price and net price, then short , short only at the peak price of 5 min chart.
When price is up-trending above opening, net price, then long only at the bottom of 5 min chart and unload at the peak of 5 min chart. Surf along with tide and wave. Repeat several times a day. Stop loss price is not constant and has to be adjusted depending on , according to 5 min ATR by 1.5 to 2.
I Scale in and scale out. Once 1st tier is profited, my trading plate is automatically moved to break even, so I never lose on any trading. Cheap money pumped by Fed are flooding into speculative derivatives so far in Wall St , has sign of losing steam in these days due to fear of ending . Once interest rate starts to go up, party is over, great bear will start to growl. Until then, dance while music is on.