Following on from our last post on DOT where we found a divergence breakout starting the bullish wave, we now have another entry for DOT to take it higher.
There are 2 ways we can trade this.
1st Trade Idea: - Watch for bounce off double bottom and enter - Stops below the double bottom
2nd Trade Idea: - Watch for a breakout of the red descending trendline - Stops below the structure indicated on the chart