This trade went wrong from the very beginning. I normally use Ichimoku cloud to help me decipher Support and Resistance lines. The Support line was not conclusive. I entered at the wrong level. This was compounded by the fact that Euro consumer index news, was 1 hour away.
Realising I made a mistake, I decided to close manually at the earliest opportunity.
After trade analysis
Price spiked up after getting out. My call was right, price is now floating towards my 2nd support line and 15 mins away from news announcements.