1. Identify overall trend direction.
2. Look for a Clear Trendline established by 3 touches. Short/long the break with tight stop.
Most of time the market is chopping around -- trying to establish a clear trend line. Once the Trend Line emerges (look at 5 or 15 min. candles for clarity -- harder to see on 1-min charts) -- then the Market recognizes where the buyers/sellers agree. The move from there is then based on the Higher Timeframe trend.
3. Trail stop.
Could also wait for 5 period to x-over 9 period on sharp moves -- keeps you in the trend.
The move will be sharp and fast. It's the waiting for the proper set up that is hard.
The 3 touches is the establishing/distribution or accumulation before the break. It's necessary to fuel to impending move.
4. The Move often ends with exhaustion -- signalled by
a) huge volume candle, often through a whole number (stop orders)
b) break of the sharp trendline (green 1-min candles)