Entered and price bounce. Anyone?

Hi, what is the probability of you entering a trade and the price immediately bounce off in the opposite direction when you entered?
So far, it has been happening more than 70% of the time on a 5m tf.
I'm thinking if it would be better if we set an entry target and enter 5 pips above that after the price bounce in order to reduce risk.

Your thoughts?

It depends. How is entry determined?

Good point, grin. I'm trying out a trend following breakout strategy. I'm thinking that small bounce backs are from profit takers.

I am not quite sure what you do. If later entry will be compensated by increased hit rate, certainly do it.