EURUSD Closed below daily trend

Hey, no financial advice here. Just publishing my own trade analysis. Daily candle has pulled back a significant amount. Long wick above, closed below trendline. Look for confirmation when market opens before entering. My trade will be short, SL above trendline. In case the market retests and hourly closes above trendline, I will go long and SL below trendline, next resistance 1.4