Distribution - Schematic 1 Example - Capitaland

Capitaland - 6 May 2018

Capitaland M

Currently in ACCUMULATION Phase D.
Price will slowly step up 3.87, 4.11 , 4.44, 5.23, 6.24.
Then will go into Uptrend.

OBV direction not clear

Capitaland W

Mid Term showing SOW - DISTRIBUTION
OBV direction not clear

SHORT at UTAD or LPSY

UTAD
- similar to Spring / Shakeout
- breakout above Trading Range (TR) Resistance Line, at later stage of TR
- breakout on :
---- light volume with no follow through (Weak shortist covering up)
---- or heavy volume with breakout back into center of TR (Supply from BB)

LPSY1
- after SOW ===> feeble rally on narrow spread with light volume (no demand) or high volume (supply from BB)
- after that Mark Down start ===> break 1st ice ===> short rally to LPSY2 ===> continue Mark Down

Capitaland D

Now Uptrend Wave 3. Will go Down then Up.
Then UTAD.
Then go DOWN.

OBV direction not clear


CONCLUSION

Distribution in Weekly Chart
SHORT soon

EP :