CapLand IntCom - 22 Jul 25

CAPLAND INTCOM T (C38U.SI) – SGX | Daily Chart | Analysis Date: 22 July 2025
Timeframe: 1D
Bars in Analysis Window: ~12 months (July 2024 – July 2025)

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🔍 Current Market Regime: Trending (Bullish Transition)

Price is transitioning from a mid-term accumulation range into a fresh bullish breakout attempt. Structure is evolving into a trend with higher highs and higher lows.

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🧠 Top 5 High-Conviction Observations

1. Break of Structure (BOS) Confirmed at 2.20 → 2.25

   • Key swing highs at 2.20 (Apr/May 2025) have been breached with conviction.

   • Follow-through toward 2.25 suggests institutional engagement.

2. Institutional Absorption at 2.15–2.20 Zone

   • Multiple tight-range candles with moderate-to-high volume (early July).

   • Signals professional accumulation absorbing supply pre-breakout.

3. Volume Expansion on Breakout Above 2.20 (July 18–21)

   • Bullish breakout candle with above-average volume on 18 July.

   • Followed by a small-range continuation bar → indicates strength, not exhaustion.

4. Accumulation Range Breakdown → Trend Initiation

   • Price was range-bound from Nov 2024 to Apr 2025 (approx. 1.90–2.20).

   • Clean structure with Spring at 1.90 → gradual markup confirms Wyckoff Phase D → E.

5. Fair Value Gap (FVG) Identified: 2.16–2.18 Zone

   • Gap between low of wide-range breakout bar and prior resistance.

   • Acts as demand zone on any pullback.

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🧩 Technical Context and Price Structure

• Swing Lows (SL): 1.90 → 1.96 → 2.02

• Swing Highs (SH): 2.16 → 2.20 → 2.25

• CHoCH: Occurred March 2025 when price broke above 2.00

• Volume-Price Analysis:

  • May–July: Volume clusters between 2.05–2.20 → signifies demand absorption.

  • Low volume retracements, strong volume on rallies → typical of institutional control.

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🧱 Supply/Demand and Institutional Footprint

• Liquidity Grab: Sharp wick below 2.02 in early June → textbook Spring

• Order Block: Bullish OB at 2.02–2.08 (last bearish candle before rally)

• Demand Zones:

  • 2.02–2.08 (Order Block)

  • 2.16–2.18 (FVG)

• Next Resistance:

  • 2.30 (minor psychological level)

  • 2.38–2.40 (measured move projection from 1.90–2.25 = +0.35)

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⏳ Multi-Timeframe Alignment

• Weekly Structure: Also forming higher highs; confirms emerging uptrend.

• Daily: Confirmed structure shift → trending regime with volume support.

• Hourly (not shown): Likely compression forming, setting up for continuation.

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🔐 Execution Zone Planning

• Entry Zone (Pullback): 2.16–2.18 (FVG retest)

• Stop Placement: Below 2.08 (OB bottom)

• Target 1: 2.30

• Target 2: 2.40

• Risk:Reward: 1:2.5 minimum

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📊 Forward Bias & Key Levels

Bias: Bullish continuation toward 2.30 and potentially 2.40
Key Levels to Watch:

• Support: 2.16 (FVG), 2.08 (Order Block)

• Resistance: 2.30, 2.40

• Invalid if: Price closes below 2.02 on strong volume

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Trade Summary Format:
Buying C38U because price confirmed breakout above key BOS (2.20) with volume support and institutional absorption, with stops at 2.08 targeting 2.40 for a 1:2.5 risk-reward ratio.
Confidence Rating: 8.5/10
Pre-Execution Checklist:
✔ Breakout confirmation with volume
✔ Pullback to FVG zone or OB support
✔ No invalidation with strong bearish candle
✔ Trend continuation bias across timeframes

Disclaimer:Please note that this analysis is for educational purposes only and should not be taken as investment advice. Trading involves significant risk, and you should consult with a financial advisor before making any decisions.

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