Mixing FA and TA together never works for me.
Looking at M5 ASX200, there has been one good entry point 2 hours ago and one average entry point right now. That is of course with a small stop loss. The 200 does show some good price flow on M5 at times which I do trade on ocassions.
Not that I tell anyone.
Actually I like that Buy setup so I have gone long on M5, only until the flow structure fades out.