BRC Asia - 24 Oct 2025

Stock: BRC Asia Limited (SGX: BEC)
Timeframe: Daily (1D)
Date Range: Approximately Feb 2025 – Oct 2025
Bars Analyzed: ~180 trading days
Last Traded Price: SGD 4.18

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1. Market Structure & Order Flow Analysis

• Trend Identification:

  • Structure transitioned from sideways range (Mar–Jul) between 2.90–3.22 to a strong uptrend (Aug–Sep).

  • Swing sequence:

    • Higher Lows: 2.67 → 2.90 → 3.48 → 4.18

    • Higher Highs: 3.22 → 3.72 → 4.55

  • Current structure shows minor pullback within uptrend; key swing support at 4.18 (previous breakout base).

• Break of Structure (BOS):

  • BOS confirmed above 3.72 in late Aug with wide-range bullish bars.

  • Current consolidation indicates potential CHoCH (Change of Character) if price closes below 4.00.

• Trend Momentum:

  • Bar ranges narrowed post-4.55 top; overlapping candles indicate momentum decay.

  • Consolidation volume suggests institutional profit-taking, not full distribution yet.

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2. Advanced Volume–Price Relationship (VPR)

• Volume Signature:

  • High Volume + Wide Range (Aug–Sep) = Professional accumulation breakout.

  • High Volume + Small Range (Oct) = Absorption — institutions defending support near 4.00.

  • Volume Divergence: Declining volume from 4.55 → 4.18 pullback = weakening momentum.

• Volume Clusters:

  • Major cluster zones: 3.10–3.20 (accumulation), 4.10–4.20 (defensive absorption).

  • Watch for volume expansion above 4.45 to confirm next leg higher.

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3. Institutional Footprint Recognition

• Liquidity Grab: The spike to 4.55 likely triggered retail breakout entries; subsequent retrace = stop-hunt reversal.

• Order Block: Bullish order block visible at 4.00–4.10 zone, preceding last breakout.

• Fair Value Gap (FVG): Exists between 3.85–4.05 — potential retrace magnet.

• Displacement Move: Strong impulsive leg 3.50 → 4.55 (Sep) shows clear institutional drive.

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4. Bar Pattern Recognition

• Recent Bars (Oct):

  • Multiple small-bodied bars near 4.10 with long wicks = indecision at key support.

  • Bullish rejection bar on 24 Oct (close at 4.18) suggests buyers re-entering after low-volume retracement.

• Earlier Pattern:

  • Flag formation between 4.55 (high) and 4.10 (low) → potential continuation setup.

  • Measured move projects target zone ≈ 5.00–5.10 on breakout confirmation.

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5. Multi-Timeframe Confluence

• Weekly timeframe bias: Uptrend intact; last 3 weeks show consolidation above prior breakout range.

• Daily timeframe: Forming bullish re-accumulation base.

• Confluence Zone: 4.00–4.20 — overlapping support across both daily & weekly.

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6. Psychological Levels

• 4.00 SGD = strong psychological and structural level (prior breakout base).

• 4.50–4.55 = resistance area aligned with previous swing high and liquidity pool.

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7. Risk-Adjusted Setup

• Setup Type: Re-accumulation flag continuation

• Entry Zone: 4.10–4.20 (support absorption area)

• Stop-Loss: Below 3.95 (beneath order block & round number)

• Target 1: 4.55 (recent swing high)

• Target 2: 5.00 (measured move projection)

• Risk–Reward Ratio: ~1:3.2

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8. Market Regime Classification

• Current regime: Transitioning from trending → consolidation (bullish continuation bias)

• Volume compression suggests energy building for next breakout phase.

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9. Institutional Supply/Demand Balance

• Demand zone: 4.00–4.10 (accumulation cluster)

• Supply zone: 4.50–4.55 (distribution cluster)

• Effort vs. Result: Recent low-range bars on moderate volume = absorption, not rejection → institutions still supporting price.

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10. Comprehensive Market Context

• Sector: Construction / steel-related; relative strength improving within industrial sector.

• Correlation: Mildly positive with SGX construction/material peers.

• Seasonality: Historically stronger Q4–Q1 for infrastructure-linked firms.

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🔍 Key Levels to Watch

Type	Level	Description
Resistance	4.55	Major swing high / liquidity pool
Resistance	4.45	Intermediate supply zone
Support	4.18	Current structural pivot
Support	4.00	Order block + psychological level
Demand Zone	3.85–4.10	Institutional absorption area

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🎯 Trade Summary

Buying BRC Asia Ltd (SGX: BEC) because price shows institutional absorption at the 4.00–4.20 support zone within a bullish continuation structure, with stops at 3.95, targeting 5.00, for a 1:3.2 risk–reward ratio.

Confidence Rating: 8.2 / 10
Market Bias: Bullish continuation pending breakout confirmation above 4.45–4.55.

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📋 Pre-Execution Checklist:

• Confirm breakout candle closes above 4.45 with volume > 20-day average.

• Verify no imminent earnings or dividend events (to avoid volatility).

• Keep risk per trade < 1.5% of total capital.

• Monitor intraday structure for continuation confirmation.

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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