We are witnessing a remarkable opportunity as GEECEE VENTURE makes an all-time high breakout. The price structure leading up to this breakout is quite compelling, adding to the appeal. However, it's crucial to exercise caution to avoid getting caught up in a potential fakeout.
Here are our criteria and steps for this trade:
Confirmation Close: We need today's price to close above the all-time high (ATH).
Breakout Confirmation: We want to see today's high broken in the coming days.
Initial Entry: We plan to enter with 30% of our usual quantities when today's high is breached.
Re-entry on Re-tests: We'll consider adding more at the re-tests indicated on the charts.
Please refer to the chart for our stop-loss (SL) level, which we'll adhere to if the trade doesn't unfold as per our analysis.
Our analysis aims to be crystal clear for the audience, providing a compelling opportunity while emphasizing the need for caution. We invite traders and investors to join us in exploring this potential trade.
Please let me know if you'd like any further adjustments or additions to the content.