Final words as I go to bed. Basically, I interpreted weekend gap as bullish. Now, it won't surprise me if this move is the bottom today but due to over-committing my hands are now tied w.r.t. to risk. February not so great for me so far, which I think is down to FOMO and over-confidence given (totally OK despite returns coming from single event) January.
It will also take getting used to trade ~1.3% risk/trade on 75k account as I'm now doing. Admit to being slightly traumatized by losing $1000 in minutes (though that's something I should be avoiding anyway).