Hello Traders. I hope you are having a wonderful day.
Today I want to share my thoughts on DOT. As you can see on 4H timeframe, DOT has a descending trend line which has touched it 3 times. So in my
opinion, the best strategy is the breakout strategy here. When the price breaks the line and makes a pullback to it, then you can enter with the SL
below the line.
TPs can be : 24.5 - 26 - 28.5
Today I want to share my thoughts on DOT. As you can see on 4H timeframe, DOT has a descending trend line which has touched it 3 times. So in my
opinion, the best strategy is the breakout strategy here. When the price breaks the line and makes a pullback to it, then you can enter with the SL
below the line.
TPs can be : 24.5 - 26 - 28.5
Trade closed: target reached:
1st target hit. If not entered, wait for the pull back then enter.
Trade closed: target reached:
2nd target also reached.
