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Trader Journals:::2026-08-13T00:40:42

CL/Crude Oil

Market Structure Shift Looking at this intraday chart from 03:00 to 24:00, price started at 74.30 at 03:00 and then made a consistent sequence of higher highs and higher lows: 74.30 → 75.35 → 76.40 → 77.45 → 78.50 → 79.55 → 80.60 → 81.70. Each subsequent value is higher than the previous one, with no pullbacks or lower lows. In Smart Money Concepts, this sustained upward movement with higher highs and higher lows confirms a Market Structure Shift from bearish to bullish (or a continuation of an existing bullish trend). Institutional order flow has transitioned from distribution to accumulation. The smart money is actively buying on every dip, and the consistent upward displacement shows strong bullish control. Any retail trader attempting to short this market is trading against the dominant institutional direction. Liquidity Grab and Order Block The sequence starts at 74.30, which likely functioned as a liquidity sweep to the downside. Smart money may have pushed price to this level (or below a previous swing low) to trigger sell‑stop orders from breakout sellers and stop‑losses from long holders, providing liquidity for institutional buy orders. Once those orders were filled, price began the sustained rally. The zone between roughly 74.30 and 75.35 represents the last bearish impulse area before the reversal. This zone is now identified as a Bullish Order Block – where institutions placed large buy orders. As price moved higher, each new high (76.40, 77.45, etc.) broke above the previous resistance, confirming that the order block is active and being defended by institutions. Any future retracement into this zone would likely be bought. Displacement and Fair Value Gap The upward move from 74.30 to 81.70 occurred with clear displacement – each step is a steady increase of approximately 1.05 points every three hours. The candles are likely large with small wicks, confirming that buying pressure is institutional and sustained. The total increase of 7.40 points over 21 hours shows strong bullish control. Along this ascent, price likely left behind several Fair Value Gaps, particularly in the areas of 75.35 to 76.40 and 78.50 to 79.55, where price moved too quickly for balanced trading. These gaps act as magnets for potential retracements. The displacement shows that smart money is in full control of the upside momentum. Current Outlook As of 24:00, price is at 81.70, sitting at a fresh high. In SMC, this is not a sell zone – it is a continuation of the bullish trend. Smart money will now allow a minor retracement into the nearest Fair Value Gap or the Bullish Order Block near 78.50–79.55 or deeper to 74.30–75.35. Once that retracement shows signs of rejection (bullish pin bar or engulfing candle), institutions will resume buying to target fresh highs above 81.70, likely toward 82.50 or higher. The invalidation level for this bullish bias is a break and close below 74.30. Do not short the top – wait for a retracement and buy with the institutional trend.
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