Actual Trade Example

I executed the trade based on a signal from the 1-hour chart.
Accordingly, the stop loss (SL) was set at the most recent 1-hour low.

The entry timing was confirmed using the 1-minute chart.
In hindsight, using the 5-minute chart for timing would have avoided the drawdown.

I exited the trade as the market was approaching a session change.

The blue vertical line marks the entry time.
The yellow vertical line marks the exit time.

The risk-to-reward ratio was 1:0.7.