On the daily chart we have a inverted hammer at the most recent resistance level. We are overall in a bearish market right now with the DXY, if we take a look at the 4h chart we can see that we did, after some consolidation, just break the trend line again. A 4h close BELOW the trend line and we did as well get the low doji close as well. Beautiful price action confirmation. However I do not have much time right now so I won't be writing about this too much. In order to sum it up, we are trading a breakout of the trendline and expecting it to fall to the most recent support level. Potential profit around 75 pips, risking around 40. I did enter the trade a little bit before I posted this idea, so therefore my stop loss is not gonna be as wide as if you enter the trade as we speak. Just following the downward breakout and the overall downward trend. Beautiful price action confirmation.