MLCF Trade Setup

MLCF is currently taking a healthy retracement after a strong bullish rally. The overall trend remains bullish, and this pullback presents a good opportunity to accumulate before the next potential upward move.

Entry Zone (EP): 92.50 – 89.50

This is the preferred accumulation zone. Consider building your position gradually instead of investing your full capital at once.

Stop Loss (SL): 78.50

Targets:

• TP1: 101 (~10.99% Gain)
• TP2: 110 (~20.88% Gain)
• TP3: 132 (~45.05% Gain | Ultimate Target)

Risk Analysis (Average Entry: 91.00)

• Approximate Risk: 13.74%

Trading Strategy

• Wait for price to enter the 92.50–89.50 accumulation zone.
• Accumulate gradually for better risk management.
• Keep your Stop Loss at 78.50.
• Consider booking partial profits at TP1 and TP2, while holding the remaining position for the ultimate target of 132 with a trailing stop loss.

Patience and disciplined execution are the keys to successful swing trading. Let the market come to your levels and trade with proper risk management.

⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →