RE, good entry with great r/r ratio. Median line has been tested multiple times, and now we see a nice bounce.
FPL daily, hit the upper fork line, and also its median channel line (could also be its own fork). This is the 2nd test of the upper fork line (black fork) and price is closing lower which is a good signal that this line will hold. Short here at 48.92, and put your stop at 49.31....target of 46..thats a very nice r/r of 7 to 4!