You're playing with fire my friend, gotta be tapped in so there are no surprises. Don't know IB news, have newsstrike.
Definitely helps to know what causes some moves. Most of the time its just normal ebb and flow but sometimes you'll get a large range and volume bar out of nowhere and without live news, it probably won't make any sense.
You were right on the money with your call, just had the wrong side. Something to build off of I guess.