{"id":261914,"date":"2026-02-08T01:30:00","date_gmt":"2026-02-08T09:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=261914"},"modified":"2026-02-07T06:41:56","modified_gmt":"2026-02-07T14:41:56","slug":"crude-oil-overlapping-inside-bar","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/crude-oil-overlapping-inside-bar\/","title":{"rendered":"Crude Oil Overlapping Inside Bar"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Crude Oil Futures<\/h2>\n\n\n\n<p>The weekly chart formed a <strong>Crude oil<\/strong> overlapping inside bar around the middle of the trading range. Bears want a reversal from a double top bear flag (September 26 and January 29). Bulls see this week as a pullback and want at least a small sideways-to-up leg to retest the January 29 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\/2026\/02\/Crude-Oil-Weekly-Overlapping-Inside-Bear-Bar-5-Bar-Bull-MC.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Weekly-Overlapping-Inside-Bear-Bar-5-Bar-Bull-MC-680x383.jpg\" alt=\"Crude Oil Weekly - Overlapping Inside Bear Bar, 5-Bar Bull MC, Crude Oil Overlapping Inside Bar\" class=\"wp-image-262017\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Weekly-Overlapping-Inside-Bear-Bar-5-Bar-Bull-MC-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Weekly-Overlapping-Inside-Bear-Bar-5-Bar-Bull-MC-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Weekly-Overlapping-Inside-Bear-Bar-5-Bar-Bull-MC-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Weekly-Overlapping-Inside-Bear-Bar-5-Bar-Bull-MC-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Weekly-Overlapping-Inside-Bear-Bar-5-Bar-Bull-MC.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 week\u2019s Crude Oil candlestick was an inside bear bar closing in its upper half with a long lower tail.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/crude-oil-higher-low-major-trend-reversal\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bulls could produce more follow-through buying and break above the September 26 high, or whether the market would stall around the September 26 or July 30 highs instead.<\/li>\n\n\n\n<li>The market traded sideways within last week\u2019s range, with both bulls and bears active.<\/li>\n\n\n\n<li>Recently, bulls got a reversal from a large wedge bull flag (August 13, October 20, and December 16) and a major higher low trend reversal relative to the April 9 low.<\/li>\n\n\n\n<li>Bulls want a strong bull leg to retest the trading range high.<\/li>\n\n\n\n<li>They see this week as a pullback and want at least a small sideways-to-up leg to retest the January 29 high.<\/li>\n\n\n\n<li>If the market trades lower, bulls want the 20-week EMA to act as support.<\/li>\n\n\n\n<li>The next target for bulls is the July 30 high.<\/li>\n\n\n\n<li>Bears see the current move as a buy vacuum test of the September 26 high and the middle of the trading range.<\/li>\n\n\n\n<li>They want a reversal from a double top bear flag (September 26 and January 29).<\/li>\n\n\n\n<li>Bears want the September 26 or July 30 highs to act as resistance.<\/li>\n\n\n\n<li>Bears need consecutive strong bear bars closing below the 20-week EMA to show they are regaining control.<\/li>\n\n\n\n<li>Crude Oil remains in a large trading range.<\/li>\n\n\n\n<li>Until there is a clear breakout with sustained follow-through, traders will likely continue to Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third of the range.<\/li>\n\n\n\n<li>The market is currently trading near the middle of the range, which can act as a magnet and an area of balance.<\/li>\n\n\n\n<li>The move up from the January 7 low formed a 5-bar bull microchannel, indicating persistent buying. The long lower tail this week suggests bears are not yet strong.<\/li>\n\n\n\n<li>For now, traders will watch whether bulls can generate more follow-through buying to retest and break above the January 29 high.<\/li>\n\n\n\n<li>Or whether the market stalls and forms a pullback closing below the 20-week EMA instead.<\/li>\n\n\n\n<li>Poor follow-through and frequent reversals remain hallmarks of a trading range environment.<\/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\/2026\/02\/Crude-Oil-Daily-Bulls-Want-3rd-Leg-Up-Bears-Want-LH.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Daily-Bulls-Want-3rd-Leg-Up-Bears-Want-LH-680x383.jpg\" alt=\"Crude Oil Daily - Bulls Want 3rd Leg Up, Bears Want LH\" class=\"wp-image-262018\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Daily-Bulls-Want-3rd-Leg-Up-Bears-Want-LH-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Daily-Bulls-Want-3rd-Leg-Up-Bears-Want-LH-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Daily-Bulls-Want-3rd-Leg-Up-Bears-Want-LH-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Daily-Bulls-Want-3rd-Leg-Up-Bears-Want-LH-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Daily-Bulls-Want-3rd-Leg-Up-Bears-Want-LH.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 formed a pullback testing the 20-day EMA on Tuesday, followed by a retest of the January 29 high, forming a lower high (February 4).<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/crude-oil-bulls-need-strong-consecutive-bull-bars\/\" target=\"_blank\" rel=\"noreferrer noopener\">Previously<\/a>, we said traders would watch whether bulls could produce further follow-through buying above the October high, or whether bears could create consecutive strong bear bars trading well below the 20-day EMA instead.<\/li>\n\n\n\n<li>Bulls got a reversal from a large wedge bull flag (August 13, October 20, and December 16) and a large higher low major trend reversal relative to the April 9 low.<\/li>\n\n\n\n<li>They got a strong breakout above the October high, testing the September 26 high.<\/li>\n\n\n\n<li>Bulls see the moves on February 3 and February 6 as a breakout pullback test of the January 14 breakout point, forming a small double bottom bull flag.<\/li>\n\n\n\n<li>They want another sideways-to-up leg to create a third push up in the wedge pattern, with the first two legs on January 14 and January 29.<\/li>\n\n\n\n<li>Bulls need consecutive strong bull bars trading well above the January 29 high to show firm control.<\/li>\n\n\n\n<li>If the market trades lower, bulls want the 20-day EMA or the January 20 low to act as support.<\/li>\n\n\n\n<li>Bears see the current move as a bull leg testing the middle of the trading range.<\/li>\n\n\n\n<li>They want the September 26 high to act as resistance, followed by a reversal from a double top bear flag (September 26 and January 29) and a large wedge pattern (December 26, January 14, and January 29).<\/li>\n\n\n\n<li>If the market trades higher, bears want it to stall around the January 29 high, forming a double top.<\/li>\n\n\n\n<li>Bears need consecutive strong bear bars breaking well below the 20-day EMA to flip the market into Always In Short.<\/li>\n\n\n\n<li>The market remains in a large trading range.<\/li>\n\n\n\n<li>Until there is a clear breakout with sustained follow-through, traders will likely continue to Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third of the range.<\/li>\n\n\n\n<li>The market is trading near the middle of the range, which can act as a magnet and area of balance.<\/li>\n\n\n\n<li>Buying pressure since the January 7 low has been stronger (consecutive strong bull bars closing near their highs) compared to weaker selling pressure (bear bars with limited follow-through).<\/li>\n\n\n\n<li>For now, traders will watch whether bulls can generate further follow-through buying above the January 29 high. If the market trades lower, they will watch whether it stalls around the 20-day EMA or the January 20 low.<\/li>\n\n\n\n<li>Or whether bears can produce consecutive strong bear bars trading well below the 20-day EMA instead, flipping the market into Always In Short.<\/li>\n\n\n\n<li>Poor follow-through and frequent reversals remain hallmarks of a trading range environment.<\/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>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 weekly chart formed a Crude oil overlapping inside bar around the middle of the trading range. Bears want a reversal from a double top bear flag (September 26 and January 29). Bulls see this week as a pullback and want at least a small sideways-to-up leg to retest the [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":262017,"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":[1892,136],"tags":[325],"class_list":{"0":"post-261914","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crude-oil","8":"category-analysis","9":"tag-crude-oil-futures","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/Crude-Oil-Weekly-Overlapping-Inside-Bear-Bar-5-Bar-Bull-MC.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\/261914","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=261914"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/261914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/262017"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=261914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=261914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=261914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}