Start by creating a "Frame 6" shape using the custom shape tool.
From "Filter" menu select "Liquify". Select the forward warp tool and distort the shape as shown in the image below.
Double click the layer to open the layer style window. Apply settings as shown.
If you have chosen your settings correctly, it should look similar to what I have below.
Duplicate the layer and change the layer mode to "Hard Light".
Hold down the Ctrl button and click the layer thumbnail to get the selection. Press Q to enable quick mask. From "Filter" menu select "Sketch>>Chrome". Apply settings as shown.