{"id":268145,"date":"2026-04-26T01:30:00","date_gmt":"2026-04-26T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=268145"},"modified":"2026-04-26T01:31:48","modified_gmt":"2026-04-26T08:31:48","slug":"crude-oil-is-testing-the-middle-of-the-trading-range","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/crude-oil-is-testing-the-middle-of-the-trading-range\/","title":{"rendered":"Crude Oil is Testing the Middle of the Trading Range"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Crude Oil Futures<\/h2>\n\n\n\n<p><strong>Crude oil<\/strong> is testing the middle of the trading range this week, an area of balance that often acts as a magnet. Bulls want a retest of the March 9 high, even if it forms a lower high. Bears see the current move as a pullback and want it to form a lower high, followed by another leg sideways to down.<\/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-Testing-Middle-of-the-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-Weekly-Testing-Middle-of-the-Trading-Range-680x383.jpg\" alt=\"Crude Oil Weekly - Testing Middle of the Trading Range, Crude Oil is Testing the Middle of the Trading Range\" class=\"wp-image-268265\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Testing-Middle-of-the-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Testing-Middle-of-the-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Testing-Middle-of-the-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Testing-Middle-of-the-Trading-Range-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Testing-Middle-of-the-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>This week&#8217;s candlestick was an inside bull bar closing in its upper half with prominent tails, testing the middle of the trading range.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/large-weekly-crude-oil-trading-range\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could generate follow-through selling or whether the market would stall near the 20-week EMA and move toward the middle of the range.<\/li>\n\n\n\n<li>Bulls see the recent move as a deep pullback and want the 20-week EMA to act as support.<\/li>\n\n\n\n<li>They want a retest of the March 9 high, even if it forms a lower high.<\/li>\n\n\n\n<li>Bulls need follow-through buying to increase the odds of a bull leg retesting the range high.<\/li>\n\n\n\n<li>Bears generated a strong selloff from a double top and a lower high major trend reversal.<\/li>\n\n\n\n<li>They see the current move as a pullback and want it to form a lower high, followed by another leg sideways to down.<\/li>\n\n\n\n<li>Bears need strong bear bars closing below the 20-week EMA to increase the odds of a successful reversal.<\/li>\n\n\n\n<li>The market formed a deep pullback (April 17) and is now testing the middle of the trading range.<\/li>\n\n\n\n<li>The middle of the range is an area of balance and often acts as a magnet.<\/li>\n\n\n\n<li>The market remains in a trading range with overlapping price action. Traders may continue Buy Low, Sell High (BLSH)\u2014buying near the lower third and selling near the upper third of the range.<\/li>\n\n\n\n<li>Traders will watch whether bulls can generate follow-through buying to retest the March 9 high, or whether the market continues to stall around the middle of the range.<\/li>\n\n\n\n<li>External factors, such as developments 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-Testing-Middle-of-the-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-Testing-Middle-of-the-Trading-Range-680x383.jpg\" alt=\"Crude Oil Daily - Testing Middle of the Trading Range\" class=\"wp-image-268266\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-Testing-Middle-of-the-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-Testing-Middle-of-the-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-Testing-Middle-of-the-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-Testing-Middle-of-the-Trading-Range-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-Testing-Middle-of-the-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 higher this week, closing above the 20-day EMA and testing the middle of the trading range.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/large-weekly-crude-oil-trading-range\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could generate follow-through selling below the March 10 low, or whether the market would stall and retest the middle of the range or the April 13 high.<\/li>\n\n\n\n<li>Bulls see the recent move as forming a large double bottom bull flag (March 23 and April 17) and a wedge bull flag (April 8, April 15, and April 17).<\/li>\n\n\n\n<li>Bulls want a retest of the March 9 high, even if it forms a lower high.<\/li>\n\n\n\n<li>If the market pulls back, bulls want a higher low relative to April 17 low.<\/li>\n\n\n\n<li>Bulls want the 20-day EMA to act as support.<\/li>\n\n\n\n<li>Bears got a deep pullback from a double top and a lower high major trend reversal.<\/li>\n\n\n\n<li>They see the current move as a retest of the prior high and want a double top bear flag (April 13 and April 23), followed by a larger second leg sideways to down.<\/li>\n\n\n\n<li>Bears need consecutive bear bars closing near their lows and trading below the 20-day EMA to increase the odds of a successful reversal.<\/li>\n\n\n\n<li>The March 9 bar is a large one-bar trading range, where traders may continue Buy Low, Sell High (BLSH)\u2014buying near the lower third and selling near the upper third of the range.<\/li>\n\n\n\n<li>The market has transitioned into a broad trading range.<\/li>\n\n\n\n<li>The market is near the middle of the range, which is an area of balance and often acts as a magnet.<\/li>\n\n\n\n<li>Traders will watch whether bulls can generate follow-through buying to retest the March 9 high, or whether the market stalls and develops a deeper pullback below the 20-day EMA.<\/li>\n\n\n\n<li>External factors, such as developments 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 is testing the middle of the trading range this week, an area of balance that often acts as a magnet. Bulls want a retest of the March 9 high, even if it forms a lower high. Bears see the current move as a pullback and want it to [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":268265,"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-268145","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-Testing-Middle-of-the-Trading-Range.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\/268145","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=268145"}],"version-history":[{"count":2,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/268145\/revisions"}],"predecessor-version":[{"id":268285,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/268145\/revisions\/268285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/268265"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=268145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=268145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=268145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}