Since my last post, the price of $COW fell down further. My Buy Limit Order at 0.3366 USDT got executed.
Things are surprisingly going as expected.
I then increased my percentage gap from 18 percent to 19 percent and created two new Limit Orders:
Buy Limit Order: 0.2726 USDT
Sell Limit Order: 0.4156 USDT
Good luck to all the traders. Buy at Low, Sell at High. Spot Trading Only. No Leverage.