GWaves

$CHK Bearish Wolfe Wave

Short
NYSE:CHK   None
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
Comment:

CHK and USOIL are making similar moves. 5' can also act as a high probability target before we see a decline.
Comment:
Here is the chart for USOIL