Short

$CHK Bearish Wolfe Wave

By GWaves
Updated
Hello Traders,

Similar to my CL1! and USOIL charts I posted yesterday. Chesapeake Energy formed a very similar structure. I would be interested to see how well these 3 charts correlate with one another. The charts I am referring to are found below.

Best,
Chartistry
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snapshot

snapshot

CHK and USOIL are making similar moves. 5' can also act as a high probability target before we see a decline.
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snapshot

Here is the chart for USOIL
chesapeakeCHKCrude Oil Futures WTI (CL1!)cl1!shortdollardollar_indexdollarindexdollarindexDXYdxylongenergiesEnergy CommoditiesNGASOiloilselloiltradingsecuritiesshortUSDCrude Oil WTIusoilshort

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