{"id":248167,"date":"2025-08-24T01:30:00","date_gmt":"2025-08-24T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=248167"},"modified":"2025-08-24T01:31:24","modified_gmt":"2025-08-24T08:31:24","slug":"crude-oil-bulls-need-follow-through-bull-bars","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/crude-oil-bulls-need-follow-through-bull-bars\/","title":{"rendered":"Crude Oil Bulls Need Follow-through Bull Bars"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Crude Oil Futures<\/h2>\n\n\n\n<p>The <strong>Crude oil<\/strong> bulls need follow-through bull bars trading above the 20-week EMA to increase the odds of testing the trading range high. If the market trades higher, the bears want it to form a lower high (vs Jul 30) and a larger double top bear flag.<\/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\/08\/Crude-Oil-Weekly-Middle-of-TR-Bulls-Need-FT-Buying.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/08\/Crude-Oil-Weekly-Middle-of-TR-Bulls-Need-FT-Buying-680x383.jpg\" alt=\"Crude Oil Weekly - Middle of TR, Bulls Need FT Buying, Crude Oil Bulls Need Follow-through Bull Bars\" class=\"wp-image-248351\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/08\/Crude-Oil-Weekly-Middle-of-TR-Bulls-Need-FT-Buying-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/08\/Crude-Oil-Weekly-Middle-of-TR-Bulls-Need-FT-Buying-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/08\/Crude-Oil-Weekly-Middle-of-TR-Bulls-Need-FT-Buying-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/08\/Crude-Oil-Weekly-Middle-of-TR-Bulls-Need-FT-Buying-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/08\/Crude-Oil-Weekly-Middle-of-TR-Bulls-Need-FT-Buying.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 on the <a href=\"https:\/\/www.investing.com\/commodities\/crude-oil-streaming-chart\" rel=\"noopener\">weekly Crude Oil chart<\/a> was a bull bar closing near its high and above the 20-week EMA.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-crude-oil-second-leg-down\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would see if the bears could create more follow-through selling, or if the market would stall around the June 24 low area and reverse above the 20-week EMA instead.<\/li>\n\n\n\n<li>Previously, the bulls got a bull leg and a buy vacuum (Jun 23) testing the trading range high area.<\/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>The bulls view the move (Aug 13) as a second leg sideways to down testing the June 24 low.<\/li>\n\n\n\n<li>They want a reversal from a large double bottom bull flag (Jun 24 and Aug 13).<\/li>\n\n\n\n<li>They hope the 20-week EMA and the June 24 low area will act as support.<\/li>\n\n\n\n<li>They need to create consecutive bars trading far above the 20-week EMA to increase the odds of retesting the trading range 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 got a second leg sideways to down to retest the June 24 low following the double top bear flag (Jul 14 and Jul 30), but the follow-through selling has been limited (Aug 13).<\/li>\n\n\n\n<li>If the market trades higher, they want it to form a lower high (vs Jul 30) and a larger double top bear flag.<\/li>\n\n\n\n<li>They want the 20-week EMA or the bear trend line to act as resistance.<\/li>\n\n\n\n<li>They must create strong bear bars trading far below the 20-week EMA and the June 24 low to increase the odds of 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, accompanied by sustained 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 follow-through buying above the 20-week EMA.<\/li>\n\n\n\n<li>Or will the market stall below the July 30 high, forming a large double top bear flag 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\/08\/Crude-Oil-Daily-Middle-of-TR-Bears-Want-2nd-Leg-Down.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/08\/Crude-Oil-Daily-Middle-of-TR-Bears-Want-2nd-Leg-Down-680x383.jpg\" alt=\"Crude Oil Daily - Middle of TR, Bears Want 2nd Leg Down\" class=\"wp-image-248354\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/08\/Crude-Oil-Daily-Middle-of-TR-Bears-Want-2nd-Leg-Down-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/08\/Crude-Oil-Daily-Middle-of-TR-Bears-Want-2nd-Leg-Down-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/08\/Crude-Oil-Daily-Middle-of-TR-Bears-Want-2nd-Leg-Down-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/08\/Crude-Oil-Daily-Middle-of-TR-Bears-Want-2nd-Leg-Down-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/08\/Crude-Oil-Daily-Middle-of-TR-Bears-Want-2nd-Leg-Down.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 sideways in the first half of the week. Thursday traded higher to test the 20-day EMA with some follow-through buying on Friday.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-crude-oil-second-leg-down\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would see if the bears could create more follow-through selling, or if the market would stall around the June 24 low area and reverse above the 20-day EMA instead.<\/li>\n\n\n\n<li>So far, follow-through selling below the June 24 low has been limited.<\/li>\n\n\n\n<li>Previously, the bulls created a bull leg and a buy vacuum testing the top of the trading range (Jun 23).<\/li>\n\n\n\n<li>They see the recent move as a large two-legged pullback.<\/li>\n\n\n\n<li>They want the June 24 low to be an area of support.<\/li>\n\n\n\n<li>They want a reversal from a large double bottom bull flag (Jun 24 and Aug 13) to retest the trading range high.<\/li>\n\n\n\n<li>They need to create strong consecutive bull bars trading far above the 20-day EMA 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, followed by a second leg sideways to down (Aug 13).<\/li>\n\n\n\n<li>They see the current move (Aug 22) as a small pullback and want another strong leg down.<\/li>\n\n\n\n<li>They want the 20-day EMA or the bear trend line to act as resistance.<\/li>\n\n\n\n<li>They must create a strong breakout below the June 24 low with sustained follow-through selling to increase the odds of testing the trading range low (Apr 9).<\/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 sustained 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 trading above the 20-day EMA.<\/li>\n\n\n\n<li>Or will the market stall around the 20-day EMA or the bear trend line area, followed by another strong leg down 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<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 Crude oil bulls need follow-through bull bars trading above the 20-week EMA to increase the odds of testing the trading range high. If the market trades higher, the bears want it to form a lower high (vs Jul 30) and a larger double top bear flag. Crude oil futures [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":248351,"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-248167","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\/2025\/08\/Crude-Oil-Weekly-Middle-of-TR-Bulls-Need-FT-Buying.jpg","author_info":{"display_name":"Andrew","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/andrewa\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/248167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/2836"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=248167"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/248167\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/248351"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=248167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=248167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=248167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}