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Caution on ASX breakout retrace; bounce is soft/muted due to high price level and lack of momentum, though potential upside exists.
Uh next up uh ASX. Now we got another breakout retrace play here with ASX. I caution you a little bit more with this one as I rewind the time on this chart. Look where we are on the chart now.
Yes, we could be moving higher on ASX, but we're already up here.
Notice the difference when we're looking at circles chart with this breakout retrace. We have a lot of room to run and make some good money. Now, if we're wrong, we don't have that much room to go lower unless we're talking about brand new uh lows on the chart of circle.