shell

iznogood iznogood AUDCAD, 240, Short ,
AUDCAD: WW short at market
38 0 8
AUDCAD, 240 Short
WW short at market

Target: OPEN

hdon94 hdon94 PRO RDS.A, W, Long ,
RDS.A: RDS.A - Inverse Head and Shoulders Pattern
27 0 4
RDS.A, W Long
RDS.A - Inverse Head and Shoulders Pattern

A pretty clear inverse head and shoulders pattern has formed, it's a little cleaner on the weekly time frame. I will be watching for a break above the neckline for a possible long position.

deivisonpsy deivisonpsy GBPCHF, 60, Short ,
GBPCHF: Broke the trend and selling !!!
19 0 4
GBPCHF, 60 Short
Broke the trend and selling !!!

:)

Childrenofmen Childrenofmen RDSA, 240, Short ,
RDSA: Royal dutch shell short first week october
67 0 1
RDSA, 240 Short
Royal dutch shell short first week october

See linked idea oil. Swing play in sell zone.

MichaldeW MichaldeW RDSA, D,
RDSA: sell shell?
27 0 1
RDSA, D
sell shell?

Coming sunday there will be a OPEC meeting, i expect/think the meeting will have a negative effect on the oil price in the short term and thus think selling today/tomorrow might be a good plan. Shell is currently near it new resistance and could move down but the momentum indicator doesnt support this view. If expecting that the OPEC meeting wouldnt have such a ...

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