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$CHK Bearish Wolfe Wave

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NYSE:CHK   None
DXY Crude Oil Futures WTI (CL1!) Crude Oil WTI CHK chesapeake Energy Commodities energies securities short Oil oiltrading usoilshort cl1!short oilsell USD dollar dxylong dollar_index dollarindex dollarindex NGAS
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dxy cl1! usoil chk chesapeake energy energies securities short oil oiltrading usoilshort cl1!short oilsell usd dollar dxylong dollar_index dollarindex dollarindex ngas
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
Comentário:
snapshot

snapshot

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

Here is the chart for USOIL

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