You have %96 chance that when candle closes above %20. It will go in to drawdown first before reaching %75 of the day
Analyzing the size of the drawdown can give us the answer whether its worth to trade.
If it fallen %20 down , You can buy with max stopLoss %55 of the day average. TakeProfit can be somewhere %0 or opposite direction. It must be counted.
At the end you will be in profit %96 of the time before it reaches to the %75 within same day. It can be 1 pip profit or 10 pip profit. Its unknown.
Analyzing the size of the drawdown can give us the answer whether its worth to trade.
If it fallen %20 down , You can buy with max stopLoss %55 of the day average. TakeProfit can be somewhere %0 or opposite direction. It must be counted.
At the end you will be in profit %96 of the time before it reaches to the %75 within same day. It can be 1 pip profit or 10 pip profit. Its unknown.
I will not beg anyone to make money for them