This was a very poor trade.
The setup was never going to be successful because of the following reasons
1. The RSI was floating midway through the upper an lower echelon.
2. The RSI on the 15 minute and 30 minute were both Bearish.
This experience felt like, I was catching a falling knife.
The only consolidation and positive I could take was that the loss was kept to a minimum.
The stop loss was very tight.