Alphabet Inc (Google) Class A
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GOOG-160413-FIBO-G1M-SHORT

61
GOOG and GOOGL are highly correlated,for a big frameset it's the same, and now:

  • The stochastic is overload and crossing the signal
  • Demarker is overload
  • the price for now is falling to broke the (3) fibo line, maybe test again.

In more detail we can see a formation like a double top
快照

Hypothesis 1
The price fall to the (2) fibo, around 570/550
SL:843
entry: around 775


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