{"id":244830,"date":"2025-07-20T01:30:00","date_gmt":"2025-07-20T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=244830"},"modified":"2025-07-20T00:07:30","modified_gmt":"2025-07-20T07:07:30","slug":"crude-oil-bear-flag","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/crude-oil-bear-flag\/","title":{"rendered":"Crude Oil Bear Flag"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Crude Oil Futures<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The market is forming a Crude Oil bear flag on the weekly chart. The bears must create strong bear bars trading below the 20-week EMA to increase the odds of the bear leg testing the trading range low. The bulls want the 20-week EMA to act as support, followed by a retest of the June 23 high, even if it only forms a lower high. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Crude oil futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> crude oil chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Weekly-Bear-Flag-Bears-Need-Strong-FT-Selling.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Weekly-Bear-Flag-Bears-Need-Strong-FT-Selling-680x383.jpg\" alt=\"Crude Oil Weekly - Bear Flag, Bears Need Strong FT Selling, Crude Oil Bear Flag\" class=\"wp-image-245012\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Weekly-Bear-Flag-Bears-Need-Strong-FT-Selling-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Weekly-Bear-Flag-Bears-Need-Strong-FT-Selling-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Weekly-Bear-Flag-Bears-Need-Strong-FT-Selling-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Weekly-Bear-Flag-Bears-Need-Strong-FT-Selling-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Weekly-Bear-Flag-Bears-Need-Strong-FT-Selling.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>This\u00a0week\u2019s candlestick on the\u00a0<a href=\"https:\/\/www.investing.com\/commodities\/crude-oil-streaming-chart\" target=\"_blank\" rel=\"noreferrer noopener\">weekly Crude Oil chart<\/a> was a bear bar closing around the middle of its range with a long tail below.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-crude-oil-bear-flag\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would see if the bulls could create more follow-through buying to retest near the June 23 high, or if the market would trade slightly higher but stall and retest the 20-week EMA in the weeks ahead instead.<\/li>\n\n\n\n<li>The market traded higher early in the week, but had limited follow-through buying, followed by a retest of the 20-week EMA on Wednesday. The market was mostly sideways and overlapping last week\u2019s range.<\/li>\n\n\n\n<li>Previously, the bulls got a bull leg and a buy vacuum to retest the top of the trading range.<\/li>\n\n\n\n<li>The market then formed a deep pullback to the middle of the trading range.<\/li>\n\n\n\n<li>They want the 20-week EMA to act as support, followed by a retest of the June 23 high, even if it only forms a lower high. So far, the market is holding above the 20-week EMA.<\/li>\n\n\n\n<li>The bulls must create strong bull bars to increase the odds of retesting the June 23 high.<\/li>\n\n\n\n<li>The bears see the rally (Jun 23) as a bull leg and a buy vacuum within the trading range.<\/li>\n\n\n\n<li>They want the bear leg to retest the bottom of the trading range (Apr 9).<\/li>\n\n\n\n<li>They see the last three weeks forming a wedge bear flag (Jul 2, Jul 8, and Jul 14) and want another strong leg down from a lower high.<\/li>\n\n\n\n<li>They must create strong bear bars trading below the 20-week EMA to increase the odds of the bear leg testing the trading range low.<\/li>\n\n\n\n<li>The market remains in a large trading range.<\/li>\n\n\n\n<li>Traders will BLSH (Buy Low, Sell High) until there is a breakout from either direction of the trading range with\u00a0sustained follow-through buying\/selling.<\/li>\n\n\n\n<li>That means selling in the upper third and buying in the lower third of the trading range.<\/li>\n\n\n\n<li>The market is currently trading around the middle of the trading range, which is a magnet and an area of balance.<\/li>\n\n\n\n<li>For now, traders will see if the bulls can create more follow-through buying to retest near the June 23 high.<\/li>\n\n\n\n<li>Or will the bears be able to create bear bars trading below the 20-week EMA in the weeks ahead instead?<\/li>\n\n\n\n<li>Poor follow-through and frequent reversals are hallmarks of trading ranges.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> crude oil chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Daily-Wedge-Bear-Flag-Bears-Need-FT-Selling.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Daily-Wedge-Bear-Flag-Bears-Need-FT-Selling-680x383.jpg\" alt=\"Crude Oil Daily - Wedge Bear Flag, Bears Need FT Selling\" class=\"wp-image-244997\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Daily-Wedge-Bear-Flag-Bears-Need-FT-Selling-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Daily-Wedge-Bear-Flag-Bears-Need-FT-Selling-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Daily-Wedge-Bear-Flag-Bears-Need-FT-Selling-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Daily-Wedge-Bear-Flag-Bears-Need-FT-Selling-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Daily-Wedge-Bear-Flag-Bears-Need-FT-Selling.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The market traded higher on Monday but reversed into a bear reversal bar. The market traded below the 20-day EMA on Wednesday, but the follow-through selling was limited. Friday traded higher but reversed into a bear doji closing near its low.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-crude-oil-bear-flag\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would see if the bulls could create more follow-through buying, or if the move would be sideways with overlapping ranges instead.<\/li>\n\n\n\n<li>So far, the pullback is mostly sideways around the 20-day EMA.<\/li>\n\n\n\n<li>Previously, the bulls got a bull leg and a buy vacuum testing the top of the trading range.<\/li>\n\n\n\n<li>They see the big spike down as a deep pullback testing the middle of the trading range and the 20-day EMA.<\/li>\n\n\n\n<li>They want the 20-day EMA to act as support, forming a higher low.<\/li>\n\n\n\n<li>They want a retest of the recent high (Jun 23), even if it only forms a lower high.<\/li>\n\n\n\n<li>They need to create strong consecutive bull bars to show they are back in control.<\/li>\n\n\n\n<li>The bears view the move up (Jun 23) as a buy vacuum and bull leg within the trading range.<\/li>\n\n\n\n<li>They got a retest of the middle of the trading range, but the follow-through selling has been limited.<\/li>\n\n\n\n<li>They see the last three weeks forming a wedge bear flag (Jul 2, Jul 8, and Jul 14) and Friday\u2019s candlestick (Jul 18) forming a lower high.<\/li>\n\n\n\n<li>They must create strong bear bars trading below the 20-day EMA to increase the odds of the bear leg testing the bottom of the trading range.<\/li>\n\n\n\n<li>The market remains in a large trading range.<\/li>\n\n\n\n<li>Traders will BLSH (Buy Low, Sell High) until there is a breakout from either direction with\u00a0sustained follow-through buying\/selling.<\/li>\n\n\n\n<li>That means buying in the lower third and selling in the upper third of the trading range.<\/li>\n\n\n\n<li>The market is currently trading around the middle of the trading range, which is a magnet and an area of balance.<\/li>\n\n\n\n<li>For now, traders will see if the bulls can create more follow-through buying. If they can, that would increase the odds of a retest near the June 23 high.<\/li>\n\n\n\n<li>Or will the move continue to be sideways with overlapping ranges instead? If this is the case, that would increase the odds of at least a small sideways to down leg to retest the June 24 low.<\/li>\n\n\n\n<li>Poor follow-through and frequent reversals are hallmarks of trading ranges.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: Crude Oil Futures The market is forming a Crude Oil bear flag on the weekly chart. The bears must create strong bear bars trading below the 20-week EMA to increase the odds of the bear leg testing the trading range low. The bulls want the 20-week EMA to act as support, followed by [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":245012,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[323,136],"tags":[325],"class_list":["post-244830","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cryptocurrency","category-analysis","tag-crude-oil-futures","entry","override","shadow"],"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Crude-Oil-Weekly-Bear-Flag-Bears-Need-Strong-FT-Selling.jpg","author_info":{"display_name":"Andrew","author_link":"https:\/\/www.brookstradingcourse.com\/es\/author\/andrewa\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/244830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/users\/2836"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/comments?post=244830"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/244830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/245012"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=244830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=244830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=244830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}