Short Alphabet (GOOGL) near 290

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Short Alphabet (GOOGL) near 290Alphabet Inc.BATS:GOOGJavonDias_TradingHead and shoulders is visible on H4 and on the Daily. I will look for a firm break and retest of the neckline to confirm a momentum shift. An ABCD harmonic completed around 288, which marks a potential reversal zone based on measured move symmetry. RSI shows a 40-point divergence on H1 and H4, from 82 down to 42. This indicates buyers are losing pressure while sellers gain control. RSI is stretched across multiple intraday timeframes, consistent with mean reversion risk. The primary Daily trend remains up. The H4 trend has flattened and started to roll, which supports a countertrend short setup. Given the longer-term uptrend and elevated speculative sentiment, I will size conservatively and require price action confirmation. Entry zone: around 290 at the ABCD completion area. Stop loss: 305 to allow room for volatility without crowding the structure. First target: 259, which aligns with prior demand and conservative mean reversion. Risk-to-reward ratio: approximately 1 to 1.7.