I've never really traded on a 1m chart, but it's sure better to watch than TV 😉
I advice to use a SL and a TP. Some people put them at a certain percentage away from their entry, some pick a support/resistance level, but in both case their intuition come to play in their choice.
LOL, difficult to trade 1M... but lots of fun to watch. It is only one proposal to let go... forget the stress about trading and enjoy the candles forming, that is why I recommend a volatile coin so the candles go up and down while forming.