Crude oil futures<\/h2>\n\n\n\nThe Weekly<\/em> crude oil chart<\/h3>\n\n\n\n![\"Crude](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/Crude-Oil-Weekly-Big-Doji-Bar-1-Bar-Trading-Range-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- This week\u2019s candlestick was a large doji bar with extremely long tails, closing around the middle of its range.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would watch whether bulls could create a follow-through bull bar, or whether the market would reverse and close with a long tail above or a bear body instead.<\/li>\n\n\n\n
- The market opened higher and spiked up, overshooting the 2022 high, but formed a deep pullback afterward. It then traded sideways to up, closing with a small bull body.<\/li>\n\n\n\n
- Bulls got a measured move to the $100 round number and a test of the 2022 high.<\/li>\n\n\n\n
- The long upper tail indicates rejection of higher prices for now.<\/li>\n\n\n\n
- Bulls hope to get at least a small sideways to up leg to retest the leg\u2019s extreme high (March 9), even if it only forms a lower high.<\/li>\n\n\n\n
- Bears see the current move as a buy vacuum test of the 2022 high and want a failed breakout.<\/li>\n\n\n\n
- If the market trades higher, bears want it to form a lower high relative to the March 9 high.<\/li>\n\n\n\n
- Bears need strong bear bars closing near their lows to show they have regained control.<\/li>\n\n\n\n
- Crude oil formed a parabolic buy vacuum overshooting the 2022 high, followed by a deep pullback.<\/li>\n\n\n\n
- This week\u2019s candlestick is a large doji bar with extremely long tails, closing around the middle of its range. It represents a big one-bar trading range where both bulls and bears were active.<\/li>\n\n\n\n
- The middle of the large one-bar trading range can act as an area of balance and a magnet.<\/li>\n\n\n\n
- Traders may Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third of that range.<\/li>\n\n\n\n
- For now, traders will watch whether bulls can create a retest of the March 9 high, even if it only forms a lower high.<\/li>\n\n\n\n
- Or whether the market forms a deeper pullback to the 20-day EMA in the weeks ahead.<\/li>\n\n\n\n
- Any escalation or de-escalation in the Middle East could accelerate or reverse the current move.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> crude oil chart<\/h3>\n\n\n\n![\"Crude](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/Crude-Oil-Daily-Parabolic-Spike-PB-2nd-Leg-Retest-High-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The market opened higher and overshot the 2022 high, followed by a deep pullback breaking below the 8-bar bull microchannel on Tuesday. The market then formed a second leg sideways to up from midweek onward.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would watch whether bulls could generate further follow-through buying breaking above the 2022 high, or whether the market would reverse with profit-taking instead.<\/li>\n\n\n\n
- Bulls see the move on Tuesday (March 10) as a deep pullback.<\/li>\n\n\n\n
- They expect buyers below the 8-bar bull microchannel and want at least a small sideways to up leg to retest the leg\u2019s extreme high (March 9), even if it only forms a lower high.<\/li>\n\n\n\n
- If the market trades lower, they want the 20-day EMA or the March 10 low to act as support.<\/li>\n\n\n\n
- Bears see the move as a parabolic buy climax and a buy vacuum test of the 2022 high.<\/li>\n\n\n\n
- They see the current move (March 13) as a second leg sideways to up retesting the prior leg\u2019s extreme high (March 9) and want it to form a lower high.<\/li>\n\n\n\n
- Bears need consecutive bear bars closing near their lows to show they have regained control.<\/li>\n\n\n\n
- The market formed a parabolic buy climax and a buy vacuum overshooting the 2022 high, followed by a deep pullback. This was followed by a second leg sideways to up (March 13).<\/li>\n\n\n\n
- The large doji bar on Monday (March 9) indicates the market could be entering a trading range phase where traders Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third of the range.<\/li>\n\n\n\n
- The market could still trade higher next week.<\/li>\n\n\n\n
- Traders will watch whether bulls can generate further follow-through buying to retest the March 9 high, followed by a breakout above it.<\/li>\n\n\n\n
- Or whether the market trades higher but stalls below the March 9 high and reverses with profit-taking instead.<\/li>\n\n\n\n
- Any escalation or de-escalation in the Middle East could accelerate or reverse the current move.<\/li>\n<\/ul>\n\n\n\n
\n\n\n\nMarket analysis reports archive<\/h3>\n\n\n\n
![\"Crude](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/03\/Crude-Oil-Weekly-Big-Doji-Bar-1-Bar-Trading-Range.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n
- \n
- This week\u2019s candlestick was a large doji bar with extremely long tails, closing around the middle of its range.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would watch whether bulls could create a follow-through bull bar, or whether the market would reverse and close with a long tail above or a bear body instead.<\/li>\n\n\n\n
- The market opened higher and spiked up, overshooting the 2022 high, but formed a deep pullback afterward. It then traded sideways to up, closing with a small bull body.<\/li>\n\n\n\n
- Bulls got a measured move to the $100 round number and a test of the 2022 high.<\/li>\n\n\n\n
- The long upper tail indicates rejection of higher prices for now.<\/li>\n\n\n\n
- Bulls hope to get at least a small sideways to up leg to retest the leg\u2019s extreme high (March 9), even if it only forms a lower high.<\/li>\n\n\n\n
- Bears see the current move as a buy vacuum test of the 2022 high and want a failed breakout.<\/li>\n\n\n\n
- If the market trades higher, bears want it to form a lower high relative to the March 9 high.<\/li>\n\n\n\n
- Bears need strong bear bars closing near their lows to show they have regained control.<\/li>\n\n\n\n
- Crude oil formed a parabolic buy vacuum overshooting the 2022 high, followed by a deep pullback.<\/li>\n\n\n\n
- This week\u2019s candlestick is a large doji bar with extremely long tails, closing around the middle of its range. It represents a big one-bar trading range where both bulls and bears were active.<\/li>\n\n\n\n
- The middle of the large one-bar trading range can act as an area of balance and a magnet.<\/li>\n\n\n\n
- Traders may Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third of that range.<\/li>\n\n\n\n
- For now, traders will watch whether bulls can create a retest of the March 9 high, even if it only forms a lower high.<\/li>\n\n\n\n
- Or whether the market forms a deeper pullback to the 20-day EMA in the weeks ahead.<\/li>\n\n\n\n
- Any escalation or de-escalation in the Middle East could accelerate or reverse the current move.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> crude oil chart<\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n- \n
- The market opened higher and overshot the 2022 high, followed by a deep pullback breaking below the 8-bar bull microchannel on Tuesday. The market then formed a second leg sideways to up from midweek onward.<\/li>\n\n\n\n
- Last week<\/a>, we said traders would watch whether bulls could generate further follow-through buying breaking above the 2022 high, or whether the market would reverse with profit-taking instead.<\/li>\n\n\n\n
- Bulls see the move on Tuesday (March 10) as a deep pullback.<\/li>\n\n\n\n
- They expect buyers below the 8-bar bull microchannel and want at least a small sideways to up leg to retest the leg\u2019s extreme high (March 9), even if it only forms a lower high.<\/li>\n\n\n\n
- If the market trades lower, they want the 20-day EMA or the March 10 low to act as support.<\/li>\n\n\n\n
- Bears see the move as a parabolic buy climax and a buy vacuum test of the 2022 high.<\/li>\n\n\n\n
- They see the current move (March 13) as a second leg sideways to up retesting the prior leg\u2019s extreme high (March 9) and want it to form a lower high.<\/li>\n\n\n\n
- Bears need consecutive bear bars closing near their lows to show they have regained control.<\/li>\n\n\n\n
- The market formed a parabolic buy climax and a buy vacuum overshooting the 2022 high, followed by a deep pullback. This was followed by a second leg sideways to up (March 13).<\/li>\n\n\n\n
- The large doji bar on Monday (March 9) indicates the market could be entering a trading range phase where traders Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third of the range.<\/li>\n\n\n\n
- The market could still trade higher next week.<\/li>\n\n\n\n
- Traders will watch whether bulls can generate further follow-through buying to retest the March 9 high, followed by a breakout above it.<\/li>\n\n\n\n
- Or whether the market trades higher but stalls below the March 9 high and reverses with profit-taking instead.<\/li>\n\n\n\n
- Any escalation or de-escalation in the Middle East could accelerate or reverse the current move.<\/li>\n<\/ul>\n\n\n\n
\n\n\n\nMarket analysis reports archive<\/h3>\n\n\n\n