{"id":259595,"date":"2026-01-11T01:30:00","date_gmt":"2026-01-11T09:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=259595"},"modified":"2026-01-11T00:19:12","modified_gmt":"2026-01-11T08:19:12","slug":"crude-oil-outside-bull-bar","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/crude-oil-outside-bull-bar\/","title":{"rendered":"Crude Oil Outside Bull Bar"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Crude Oil Futures<\/h2>\n\n\n\n<p>The market formed a <strong>Crude oil<\/strong> outside bull bar on the weekly chart. Bulls need consecutive strong bull bars closing well above the 20-week EMA and the bear trend line to show they are regaining control. Bears want the 20-week EMA and the bear trend line to act as resistance.<\/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\/01\/Crude-Oil-Weekly-Outside-Bull-Bar-Higher-Low-MTR.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/Crude-Oil-Weekly-Outside-Bull-Bar-Higher-Low-MTR-680x383.jpg\" alt=\"Crude Oil Weekly - Outside Bull Bar, Higher Low MTR, Crude Oil Outside Bull Bar\" class=\"wp-image-259742\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/Crude-Oil-Weekly-Outside-Bull-Bar-Higher-Low-MTR-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/Crude-Oil-Weekly-Outside-Bull-Bar-Higher-Low-MTR-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/Crude-Oil-Weekly-Outside-Bull-Bar-Higher-Low-MTR-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/Crude-Oil-Weekly-Outside-Bull-Bar-Higher-Low-MTR-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/Crude-Oil-Weekly-Outside-Bull-Bar-Higher-Low-MTR.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 outside bull bar closing in its upper half with a long tail below.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/monthly-crude-oil-bear-leg\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could get a second leg sideways to down to retest the December 16 low or whether the market would stall and retest the 20-week EMA and the bear trend line.<\/li>\n\n\n\n<li>The market retested the December low on January 7 but reversed up to test the 20-week EMA by Friday.<\/li>\n\n\n\n<li>Bulls see the December 16 selloff as a large wedge bull flag (August 13, October 20, and December 16) and a bear leg within a broader trading range.<\/li>\n\n\n\n<li>They see the market forming a large higher low major trend reversal relative to the April 9 low.<\/li>\n\n\n\n<li>They also see this week as forming a smaller higher low major trend reversal (January 7).<\/li>\n\n\n\n<li>Bulls need consecutive strong bull bars closing well above the 20-week EMA and the bear trend line to show they are regaining control.<\/li>\n\n\n\n<li>Bears created three sideways-to-down legs (August 13, October 20, and December 16), forming a wedge pattern.<\/li>\n\n\n\n<li>Bears got a second leg sideways to down to retest the December 16 low this week, but the January 7 low formed a higher low and lacked sustained follow-through selling.<\/li>\n\n\n\n<li>Bears need consecutive strong bear bars breaking below the December 16 low to increase the odds of another strong leg down.<\/li>\n\n\n\n<li>Bears want the 20-week EMA and the bear trend line to act as resistance.<\/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 middle of the trading range can act as an area of balance and a magnet, around the $62 area.<\/li>\n\n\n\n<li>Buyers may appear near the lower third of the trading range.<\/li>\n\n\n\n<li>For now, traders will watch whether bulls can produce a strong follow-through bull bar closing above the 20-week EMA and the bear trend line.<\/li>\n\n\n\n<li>Or whether the 20-week EMA and the bear trend line will continue to act as resistance.<\/li>\n\n\n\n<li>Poor follow-through and frequent reversals are the hallmarks 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\/01\/Crude-Oil-Daily-Bulls-Want-Wedge-BF-and-Higher-Low-MTR.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/Crude-Oil-Daily-Bulls-Want-Wedge-BF-and-Higher-Low-MTR-680x383.jpg\" alt=\"Crude Oil Daily - Bulls Want Wedge BF and Higher Low MTR\" class=\"wp-image-259743\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/Crude-Oil-Daily-Bulls-Want-Wedge-BF-and-Higher-Low-MTR-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/Crude-Oil-Daily-Bulls-Want-Wedge-BF-and-Higher-Low-MTR-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/Crude-Oil-Daily-Bulls-Want-Wedge-BF-and-Higher-Low-MTR-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/Crude-Oil-Daily-Bulls-Want-Wedge-BF-and-Higher-Low-MTR-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/Crude-Oil-Daily-Bulls-Want-Wedge-BF-and-Higher-Low-MTR.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 retested the December 16 low on Wednesday (January 7) but lacked sustained follow-through selling; it reversed higher from Thursday onward, closing above the 20-day EMA.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-crude-oil-bears-want-a-second-leg-down\/\" target=\"_blank\" rel=\"noreferrer noopener\">Previously<\/a>, we said traders would watch whether bears could get further follow-through selling below the December 16 low or whether the market would stall near that area and reverse back above the 20-day EMA.<\/li>\n\n\n\n<li>Bulls see the recent price action as 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 see the January 7 low as forming a smaller higher low major trend reversal.<\/li>\n\n\n\n<li>Bulls need consecutive strong bull bars trading well above the 20-day EMA and the bear trend line to show they are regaining control.<\/li>\n\n\n\n<li>If the market trades lower, bulls want the January 7 low area to act as support.<\/li>\n\n\n\n<li>Bears created three sideways-to-down legs (August 13, October 20, and December 16), forming a wedge pattern.<\/li>\n\n\n\n<li>They want a strong leg down to test the trading range low (April 9).<\/li>\n\n\n\n<li>Bears see the current move as a pullback and want the 20-day EMA and the bear trend line to act as resistance.<\/li>\n\n\n\n<li>If the market trades higher, bears want the October or November highs to act as resistance, forming another major lower high relative to the September 26 high.<\/li>\n\n\n\n<li>Bears need consecutive strong bear bars breaking well below the December 16 low to increase the odds of another strong leg down.<\/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>Buyers may appear near the lower third of the trading range.<\/li>\n\n\n\n<li>The middle of the trading range, around the $62 area, can act as an area of balance and a magnet.<\/li>\n\n\n\n<li>For now, traders will watch whether bulls can produce strong follow-through buying trading well above the 20-day EMA and the bear trend line.<\/li>\n\n\n\n<li>Or whether the market stalls near the 20-day EMA or the bear trend line instead.<\/li>\n\n\n\n<li>Poor follow-through and frequent reversals are the hallmarks 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 market formed a Crude oil outside bull bar on the weekly chart. Bulls need consecutive strong bull bars closing well above the 20-week EMA and the bear trend line to show they are regaining control. Bears want the 20-week EMA and the bear trend line to act as resistance. [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":259742,"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-259595","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\/01\/Crude-Oil-Weekly-Outside-Bull-Bar-Higher-Low-MTR.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\/259595","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=259595"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/259595\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/259742"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=259595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=259595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=259595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}