Get a better entry or put stop loss under liquidity.
See if it’s continual or failed to break through.
Widen/adjust your stop for your strat?.. 
buying off momentum, stick to it.
Entry was okay, but not on point. Bear in mind you can only go with the market; you can’t move it.
Next time put your S/L some pips lower and TP a little higher.
This is all part of the process; just don’t give up.
Cry.
Tighten ass cheeks.
Re-analyze.
From the look of this, when placing a trade at a high, place the SL at the recent low it created. You took a buy at a high but didn’t place your SL at the current low it made, and price stopped you out. I’m not too familiar with the 5 min TF, but structure is structure. Will you win every time? Nope, but that’s part of the game, lol.
@Ben
Also, with the smaller timeframe, drawdown isn’t too bad if your lot size isn’t huge, but normally you’d wait to take a trade at the lowest part possible, knowing it created a new high. Since you’re on the 5 min TF and took a buy at that high, the most recent low should’ve been where the SL was, but that’s just my opinion on what I’d do 
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Add a linear regression channel or MACD or even Parabolic SAR to help you understand where in the swing cycle you are entering.
Close.
You bought at a higher high.
Happens to everyone, so just move on with the small loss, re-analyze—don’t overtrade! I made that mistake a lot in the beginning because my ego couldn’t accept such a silly mistake as placing a stop loss too short. Look at the 1H or 4H chart and try holding your trades for longer with a higher stop loss; this way, the market has time, and if you know it will move in one way because of your analysis, then just hold on, drop that stop loss, and good luck!
Adjust my risk to fit the setup.
How did you calculate your stop loss on this trade? It’s a little bit random, in my opinion.
Depends on how I’m feeling that day, haha.
Price was moving in an upwards channel; you bought the top of that channel (essentially buying resistance). You also sold on support (bottom of the channel). I’ve done the same; it can be a hard habit to break. What has helped me somewhat is to see if my entries or SLs are in local support or resistance, and to try to line them up in a way that makes sense—buying support, selling resistance.
You’re not even below the nearest low; extend your stops.
Price came back below your stop loss later today, so I hope you got in on the next ride. I’m bullish on EU this week. Good luck trading, my man.
Your support lines were rising by five pips to the upside on challenges to resistance levels at 1.0540 and 1.0545—see the long candle wicks to the downside on each push at breaking down at those prices. It looks like this was a sovereign (read here ‘currency trade placed by a country’ or large fund trader) coming into the market because only someone who can trade in millions of dollars can move a forex market that much that fast. When you see candle wicks that long, you need a wider range for stops—depending on your money management, you may want to widen your stops to 20 pips both ways.