Looks like M1 and M5 are equally important, even a sub-M1 TF would also be crucial, perhaps a renko or range bar chart. I'm working up a strategy with a minimum M15 TF, but also using the M1/M5 for confirmation and BE/scale out. I think we can place 2 trades with one TP at the M15 center line, and BE on the other and let it go, hoping it will hit the other side or even farther. If we had 0 spread, this strategy could never lose on M1, but looks like if we switch TF's to whatever got broken and wait for the crossback of the previous candle's channel, we should be very safe and have low DD.