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Royal Dutch Shell Coming Months Of Trading (RDSA)

|Includes: Royal Dutch Shell plc (RDS.A)

TradingEcology would like to offer a coming pullback scenario for RDSA as latest 2nd january 2017 or a price hit at 26,83euro after 23th dec 2016 (time trigger)

I assume that buyers are agressive stepping into the pullback since crude oil is in a strong leg up wave. Therefore point C is at 27,6% ratio. A scenario deeper is possible but from current indication not very likely. However political forces can shift rapidly.

Overall I plot a harmonic time and price relation at 6th June 2017 at price will be between 29.43 euro and 29.83 euro Point D in chart!

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Supporting Documents

  1. RDSA_short_setup_02jan2017.gif

Disclosure: I/we have no positions in any stocks mentioned, but may initiate a short position in RDSA over the next 72 hours.

Additional disclosure: Based on flexible believes but on natural patterns