This is similar to many of the us energy stocks that we have been watching recently. RDSB has been in a corrective wave after a strong impulse down. It’s a clear sell setup so we’re watching and waiting for it to break the lower trend line. Once that happens we will be watching on a lower timeframe for a consolidation and then sell from there.
cfdtradingo.com/royal-dutch-shell-corrective-lon-rdsb/
