DOT has giving us an EASY trade setup.
The big wave 2 was an irregular FLAT correction, which consisted of an ABC wave (3-3-5 breakdown).
We are now in wave 3 and we've seen subwave 1 and currently in subwave 2. For confirmation of subwave 3, we can wait for the break of red trendline.
Trade Idea:
- Safe entry on break of red trendline
- Risk entry anywhere above invalidation level
- Stops below invalidation level
- Targets: 14, 24, 54, HODL the rest
Goodluck and as always, trade safe!
The big wave 2 was an irregular FLAT correction, which consisted of an ABC wave (3-3-5 breakdown).
We are now in wave 3 and we've seen subwave 1 and currently in subwave 2. For confirmation of subwave 3, we can wait for the break of red trendline.
Trade Idea:
- Safe entry on break of red trendline
- Risk entry anywhere above invalidation level
- Stops below invalidation level
- Targets: 14, 24, 54, HODL the rest
Goodluck and as always, trade safe!
Comment:
DOT 2D Chart
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