Anticipating GOOGL's Turn Lower Off Symmetry Resistance

We had a very simple symmetry resistance decision in GOOGL on the daily chart in late December.  The setup was a symmetrical projection of the prior rally swing of $179 versus the $180.46 rally made into the 12/27 high, along with a .786 retracement of another swing at the 2965.42-2969.49 area.  

The zone was respected, and then sell triggers fired off, and so far we've seen a $251.55 decline.  

Our next decision in GOOGL is the current support we are testing with timing for a possible low!!  I'm waiting for my buy triggers!!  I would be trailing down stops on any shorts at this point.

Carolyn Boroden, who is renowned for her expertise in Fibonacci price and timing analysis, hosts the Fibonacci Market Analysis service at ElliottWaveTrader.