$CHK Bearish Wolfe Wave
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
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
Note
CHK and USOIL are making similar moves. 5' can also act as a high probability target before we see a decline.
Note
Here is the chart for USOIL
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