{"id":273604,"date":"2026-07-19T01:30:00","date_gmt":"2026-07-19T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=273604"},"modified":"2026-07-18T22:41:36","modified_gmt":"2026-07-19T05:41:36","slug":"weekly-crude-oil-bulls-need-follow-through-bull-bars","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/weekly-crude-oil-bulls-need-follow-through-bull-bars\/","title":{"rendered":"Weekly 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 class=\"wp-block-paragraph\">The weekly <strong>Crude oil<\/strong> bulls need follow-through bull bars to increase the odds of a strong bull leg. If the market trades higher, bears want the May 6 low or the middle of the trading range 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\/07\/Crude-Oil-Weekly-Bulls-Need-FT-Bears-Want-Lower-High.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Weekly-Bulls-Need-FT-Bears-Want-Lower-High-680x383.jpg\" alt=\"Crude Oil Weekly - Bulls Need FT, Bears Want Lower High, Weekly Crude Oil Bulls Need Follow-through Bull Bars\" class=\"wp-image-273719\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Weekly-Bulls-Need-FT-Bears-Want-Lower-High-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Weekly-Bulls-Need-FT-Bears-Want-Lower-High-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Weekly-Bulls-Need-FT-Bears-Want-Lower-High-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Weekly-Bulls-Need-FT-Bears-Want-Lower-High-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Weekly-Bulls-Need-FT-Bears-Want-Lower-High.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 formed 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\/crude-oil-bears-want-a-large-second-leg-sideways-to-down\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could generate a larger second leg sideways to down, breaking decisively below the March 10 low, or whether the market would stall around the March 10 or March 2 low, followed by a pullback to test the middle of the trading range in the weeks ahead.<\/li>\n\n\n\n<li>Bulls see the recent move (July 2) as a sell vacuum bear leg testing the low of the 19-week trading range (March 10).<\/li>\n\n\n\n<li>Bulls want the low of the trading range to act as support.<\/li>\n\n\n\n<li>Bulls want a strong bull leg to retest the high of the trading range.<\/li>\n\n\n\n<li>Bulls hope the market has flipped into Always In Long (two consecutive bull bars, with at least one being big and closing near its high).<\/li>\n\n\n\n<li>Bulls need sustained follow-through buying to increase the odds of a strong bull leg.<\/li>\n\n\n\n<li>If the market trades lower, bulls want the move to be weak and sideways, forming a higher low followed by a second leg sideways to up.<\/li>\n\n\n\n<li>Bears generated a strong bear leg, testing the low of the 19-week trading range (March 10).<\/li>\n\n\n\n<li>Bears see the current move as a pullback and want it to be weak, with overlapping candlesticks and prominent upper tails, forming a lower high.<\/li>\n\n\n\n<li>Bears hope the 20-week EMA or the bear trend line will act as resistance.<\/li>\n\n\n\n<li>Bears want a large second leg sideways to down.<\/li>\n\n\n\n<li>If the market trades higher, bears want the May 6 low or the middle of the trading range to act as resistance.<\/li>\n\n\n\n<li>The market formed a bear leg testing the bottom of the trading range, followed by a pullback over the last two weeks.<\/li>\n\n\n\n<li>So far, traders continue to Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third of the trading range until there is a strong breakout with sustained follow-through.<\/li>\n\n\n\n<li>Traders will watch whether bulls can create follow-through buying above the 20-week EMA to retest the middle of the trading range, or whether the market trades slightly higher but closes with a long tail above or a bear body instead.<\/li>\n\n\n\n<li>The middle of the trading range is an area of balance and can act as a magnet.<\/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\/07\/Crude-Oil-Daily-Bulls-Want-MTR-Bears-Want-Lower-High.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Daily-Bulls-Want-MTR-Bears-Want-Lower-High-680x383.jpg\" alt=\"Crude Oil Daily - Bulls Want MTR, Bears Want Lower High\" class=\"wp-image-273720\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Daily-Bulls-Want-MTR-Bears-Want-Lower-High-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Daily-Bulls-Want-MTR-Bears-Want-Lower-High-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Daily-Bulls-Want-MTR-Bears-Want-Lower-High-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Daily-Bulls-Want-MTR-Bears-Want-Lower-High-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Daily-Bulls-Want-MTR-Bears-Want-Lower-High.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 to up above the 20-day EMA this week.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/crude-oil-bears-want-a-large-second-leg-sideways-to-down\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could generate a strong retest of the July 2 low, followed by a larger second leg sideways to down, or whether the market would form a second leg sideways to up to test the June 22 high instead.<\/li>\n\n\n\n<li>Bulls see the recent move (July 2) as a sell vacuum bear leg testing the low of the trading range (March 10).<\/li>\n\n\n\n<li>Bulls hope the trading range low (March 10) will act as support.<\/li>\n\n\n\n<li>Bulls hope to get a bull leg to retest the middle of the trading range, followed by a test of the high of the range.<\/li>\n\n\n\n<li>Bulls need consecutive bull bars closing near their highs and breaking far above the 20-day EMA and the bear trend line to increase the odds of a strong bull leg.<\/li>\n\n\n\n<li>If the market trades lower, bulls want the move to be weak and sideways, forming a higher low major trend reversal followed by a larger second leg sideways to up.<\/li>\n\n\n\n<li>Bears created a strong bear leg testing the low of the trading range (March 10).<\/li>\n\n\n\n<li>Bears see the current move as a pullback and want it to be weak, with overlapping bars and prominent upper tails.<\/li>\n\n\n\n<li>Bears want a retest of the July 2 low, even if it only forms a higher low.<\/li>\n\n\n\n<li>Bears want the bear trend line or May&#8217;s low to act as resistance, forming another lower high.<\/li>\n\n\n\n<li>Bears need consecutive strong bear bars to show control.<\/li>\n\n\n\n<li>The market tested the low of the trading range, followed by a pullback over the last two weeks.<\/li>\n\n\n\n<li>So far, traders continue to Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third of the trading range until there is a strong breakout with sustained follow-through.<\/li>\n\n\n\n<li>Traders will watch whether bulls can create more follow-through buying to test the middle of the trading range, or whether the market trades higher but stalls around the May 6 or May 29 low area, followed by a pullback to test the July 2 low, even if it only forms a higher low.<\/li>\n\n\n\n<li>The middle of the trading range can act as an area of balance and a magnet.<\/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 class=\"wp-block-paragraph\">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 weekly Crude oil bulls need follow-through bull bars to increase the odds of a strong bull leg. If the market trades higher, bears want the May 6 low or the middle of the trading range to act as resistance. Crude oil futures The Weekly crude oil chart The Daily [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":273719,"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":["post-273604","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crude-oil","category-analysis","tag-crude-oil-futures","entry","override","shadow"],"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/Crude-Oil-Weekly-Bulls-Need-FT-Bears-Want-Lower-High.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\/273604","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=273604"}],"version-history":[{"count":3,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/273604\/revisions"}],"predecessor-version":[{"id":273734,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/273604\/revisions\/273734"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/273719"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=273604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=273604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=273604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}