I see very bearish scenario presenting here in the RL hourly. I suggest you all short with a lot of size. Target is big $.
would wait for a breakdown of the rising wedge before I hold that long (to 40), been in a nice upward channel. Once it breaks that wedge I would be cautious and possibly add more to the short in the break and retest of the channel. Would cover around 45-50 as that looks like possibly new support. Plus 50 is around the 61.8 retracement (if you use that) edit: nice find but really can't tell how you found that from all those lines...