I made a small loss on this trade (happily it seems that I tightened the stop). Here is a chart (line shows the entry point, at the low of the day after the wide-ranging down day).
Don’t be afraid to get in after a breakout, but don’t rush in — wait for a good buying level with the chance to place a tight stop.
Don’t place too much weight on “fundamentals”. When I went into this trade, there was a story that the RBNZ was going to be cutting sooner then expected, and the RBA later. That’s fine, but the story was stale by the time I was stopped out of this. Believing the story let me to hold even as the market went in the wrong direction.