{"id":267731,"date":"2026-04-19T01:30:00","date_gmt":"2026-04-19T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=267731"},"modified":"2026-04-19T00:23:10","modified_gmt":"2026-04-19T07:23:10","slug":"large-weekly-crude-oil-trading-range","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/large-weekly-crude-oil-trading-range\/","title":{"rendered":"Large Weekly Crude Oil Trading Range"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Crude Oil Futures<\/h2>\n\n\n\n<p>The market formed a large weekly <strong>Crude oil<\/strong> trading range, currently testing near the 20-week EMA. Bulls hope for buyers near the low of the one-bar trading range (March 10). Bears need to create strong bear bars trading below the 20-week EMA to increase the odds of a successful reversal.<\/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-Large-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-Large-Trading-Range-680x383.jpg\" alt=\"Crude Oil Weekly - Large Trading Range, Large Weekly Crude Oil Trading Range\" class=\"wp-image-267820\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Large-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Large-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Large-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Large-Trading-Range-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Weekly-Large-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\u2019s candlestick was a consecutive large bear bar closing in its lower half, with a prominent lower tail.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/crude-oil-bears-need-follow-through-bear-bars\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could create a follow-through bear bar or if the market would stall near the middle of the trading range and retest the March 9 high in the weeks ahead.<\/li>\n\n\n\n<li>Bulls see the current move as a deep pullback and want the 20-week EMA to act as support.<\/li>\n\n\n\n<li>They hope for a retest of the March 9 high, even if it forms a lower high.<\/li>\n\n\n\n<li>Bulls hope for buyers near the low of the one-bar trading range (March 10).<\/li>\n\n\n\n<li>Bears generated a strong pullback from a double top and a lower high major trend reversal.<\/li>\n\n\n\n<li>Bears need to create strong bear bars trading below the 20-week EMA to increase the odds of a successful reversal.<\/li>\n\n\n\n<li>If the market trades higher, bears want it to form a lower high, followed by another sideways-to-down leg.<\/li>\n\n\n\n<li>The market retested the prior high (April 7) and formed a deep pullback over the past 2 weeks.<\/li>\n\n\n\n<li>The market is testing near the bottom of the large one-bar trading range.<\/li>\n\n\n\n<li>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 middle of the range can act as a magnet and area of balance.<\/li>\n\n\n\n<li>Traders will watch whether bears can create follow-through selling breaking below the 20-week EMA.<\/li>\n\n\n\n<li>Or will the market stall near the 20-week EMA and pull back to the middle of the range 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-Large-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-Large-Trading-Range-680x383.jpg\" alt=\"Crude Oil Daily - Large Trading Range\" class=\"wp-image-267821\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-Large-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-Large-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-Large-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-Large-Trading-Range-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/Crude-Oil-Daily-Large-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 formed a second leg sideways to down, trading below the 20-day EMA.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/crude-oil-bears-need-follow-through-bear-bars\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could generate follow-through selling below the 20-day EMA or if the market would stall near it and retest the March 9 high.<\/li>\n\n\n\n<li>Bulls see the current move as a deep pullback and a bear leg within a trading range.<\/li>\n\n\n\n<li>They see the move 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 the bottom of the large one-bar trading range near the March 10 low to act as support.<\/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>Bears got a reversal from a double top and a lower high major trend reversal.<\/li>\n\n\n\n<li>The next target for the bears is the March 10 low, the start of the bull channel.<\/li>\n\n\n\n<li>Bears need consecutive bear bars closing near their lows and trading far below the 20-day EMA to increase the odds of a successful reversal.<\/li>\n\n\n\n<li>If the market trades higher, bears want the 20-day EMA or the April 13 high to act as resistance, forming a double top bear flag.<\/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 large trading range.<\/li>\n\n\n\n<li>The market is trading near the low of the large trading range (March 10), a potential support area.<\/li>\n\n\n\n<li>The middle of the range can act as a magnet and area of balance.<\/li>\n\n\n\n<li>Traders will watch whether bears can generate follow-through selling breaking below the March 10 low area.<\/li>\n\n\n\n<li>Or will the market stall and retest the middle of the range or the April 13 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 The market formed a large weekly Crude oil trading range, currently testing near the 20-week EMA. Bulls hope for buyers near the low of the one-bar trading range (March 10). Bears need to create strong bear bars trading below the 20-week EMA to increase the odds of a successful reversal. [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":267820,"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-267731","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-Large-Trading-Range.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\/267731","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=267731"}],"version-history":[{"count":2,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/267731\/revisions"}],"predecessor-version":[{"id":267832,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/267731\/revisions\/267832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/267820"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=267731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=267731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=267731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}