{"id":267212,"date":"2026-04-12T01:30:00","date_gmt":"2026-04-12T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=267212"},"modified":"2026-04-12T01:44:00","modified_gmt":"2026-04-12T08:44:00","slug":"crude-oil-bears-need-follow-through-bear-bars","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/crude-oil-bears-need-follow-through-bear-bars\/","title":{"rendered":"Crude Oil Bears Need Follow-through Bear Bars"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Crude Oil Futures<\/h2>\n\n\n\n<p><strong>Crude oil<\/strong> bears need follow-through bear bars on the weekly chart to increase the odds of a deeper pullback. Bulls see the current move as a pullback and hope it will lack follow-through selling, followed by another retest of the March 9 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\/04\/Crude-Oil-Weekly-Double-Top-Bears-Need-FT-Selling.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Double-Top-Bears-Need-FT-Selling-680x383.jpg\" alt=\"Crude Oil Weekly - Double Top, Bears Need FT Selling, Crude Oil Bears Need Follow-through Bear Bars\" class=\"wp-image-267391\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Double-Top-Bears-Need-FT-Selling-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Double-Top-Bears-Need-FT-Selling-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Double-Top-Bears-Need-FT-Selling-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Double-Top-Bears-Need-FT-Selling-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Double-Top-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>This week\u2019s candlestick is a big outside bear bar closing in its lower half, with prominent upper and lower tails.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/crude-oil-retest-of-prior-high\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bulls could generate a breakout above the March 9 high with sustained follow-through, or if the market would fail above it with prominent upper tails or bear bars.<\/li>\n\n\n\n<li>The market traded slightly higher early in the week, followed by a deep pullback to the middle of the trading range.<\/li>\n\n\n\n<li>Bulls got a retest of the March 9 high, but the move lacked follow-through buying, forming a lower high and a double top.<\/li>\n\n\n\n<li>Bulls see the current move as a pullback and hope it will lack follow-through selling, followed by another retest of the March 9 high.<\/li>\n\n\n\n<li>Bulls see a double bottom bull flag forming (March 23 and April 8).<\/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>Bulls need consecutive strong bull bars to increase the odds of a breakout above the March 9 high.<\/li>\n\n\n\n<li>Bears view this week as a retest of the prior high (March 9) and want a lower high or double top.<\/li>\n\n\n\n<li>Bears want a deep pullback testing the 20-week EMA.<\/li>\n\n\n\n<li>Bears need follow-through selling to show control.<\/li>\n\n\n\n<li>The market formed a parabolic buy vacuum above the 2022 high (March 9), followed by a deep pullback, creating a one-bar trading range.<\/li>\n\n\n\n<li>Traders may continue 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 around the middle of the range, which acts as a magnet and area of balance.<\/li>\n\n\n\n<li>Traders will watch whether bears can create a follow-through bear bar. If so, the odds of retesting the 20-week EMA will increase.<\/li>\n\n\n\n<li>Or will the market stall around the middle of the trading range followed by a retest of the March 9 high in the weeks ahead instead?<\/li>\n\n\n\n<li>Any escalation or de-escalation in the Middle East could accelerate or reverse the current move.<\/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\/04\/Crude-Oil-Daily-2nd-Leg-Up-PB-to-Middle-of-1-Bar-Trading-Range.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-2nd-Leg-Up-PB-to-Middle-of-1-Bar-Trading-Range-680x383.jpg\" alt=\"Crude Oil Daily - 2nd Leg Up, PB to Middle of 1-Bar Trading Range\" class=\"wp-image-267392\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-2nd-Leg-Up-PB-to-Middle-of-1-Bar-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-2nd-Leg-Up-PB-to-Middle-of-1-Bar-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-2nd-Leg-Up-PB-to-Middle-of-1-Bar-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-2nd-Leg-Up-PB-to-Middle-of-1-Bar-Trading-Range-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-2nd-Leg-Up-PB-to-Middle-of-1-Bar-Trading-Range.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 slightly higher early in the week, followed by a deep pullback to the 20-day EMA and the middle of the trading range on Wednesday. Thursday and Friday formed consecutive inside bars \u2014 an ii (inside-inside) pattern.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/crude-oil-trading-in-middle-of-1-bar-trading-range\/\" target=\"_blank\" rel=\"noreferrer noopener\">Previously<\/a>, we said traders would watch whether bulls could generate follow-through buying above the March 23 high to retest the March 9 high, or if the market would stall near the March 23 high, followed by profit-taking.<\/li>\n\n\n\n<li>Bulls got a retest of the March 9 high this week, followed by a deep pullback.<\/li>\n\n\n\n<li>They see the move forming a large double bottom bull flag (March 23 and April 8).<\/li>\n\n\n\n<li>Bulls want the 20-day EMA to act as support, followed by a retest of the March 9 high and a breakout above.<\/li>\n\n\n\n<li>Bears see this week as a retest of the prior high (March 9) and want a reversal from a double top and a lower high major trend reversal.<\/li>\n\n\n\n<li>Bears need consecutive bear bars closing near their lows and trading below the 20-day EMA to show control.<\/li>\n\n\n\n<li>If the market trades higher, bears want it to stall below the March 9 or April 7 high.<\/li>\n\n\n\n<li>The March 9 bar is a large doji, creating a one-bar trading range where traders may continue Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third.<\/li>\n\n\n\n<li>The market is currently trading around the middle of the range, which acts as a magnet and area of balance.<\/li>\n\n\n\n<li>Traders will watch whether bears can generate follow-through selling below the 20-day EMA.<\/li>\n\n\n\n<li>Or will the market stall around the 20-day EMA followed by a retest of the March 9 high instead?<\/li>\n\n\n\n<li>Any escalation or de-escalation in the Middle East could accelerate or reverse the current move.<\/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 Crude oil bears need follow-through bear bars on the weekly chart to increase the odds of a deeper pullback. Bulls see the current move as a pullback and hope it will lack follow-through selling, followed by another retest of the March 9 high. Crude oil futures The Weekly crude oil [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":267391,"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-267212","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\/04\/Crude-Oil-Weekly-Double-Top-Bears-Need-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\/267212","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=267212"}],"version-history":[{"count":3,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/267212\/revisions"}],"predecessor-version":[{"id":267406,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/267212\/revisions\/267406"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/267391"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=267212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=267212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=267212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}