documentclass{article}
usepackage{tikz}
usetikzlibrary{decorations}
begin{document}

pgfdeclaredecoration{discontinuity}{start}{
  state{start}[width=0.5pgfdecoratedinputsegmentremainingdistance-0.5pgfdecorationsegmentlength,next state=first wave]{}
  state{first wave}[width=pgfdecorationsegmentlength, next state=second wave]
  {
    pgfpathlineto{pgfpointorigin}
    pgfpathmoveto{pgfqpoint{0pt}{pgfdecorationsegmentamplitude}}
    pgfpathcurveto
        {pgfpoint{-0.25*pgfmetadecorationsegmentlength}{0.75pgfdecorationsegmentamplitude}}
        {pgfpoint{-0.25*pgfmetadecorationsegmentlength}{0.25pgfdecorationsegmentamplitude}}
        {pgfpoint{0pt}{0pt}}
    pgfpathcurveto
        {pgfpoint{0.25*pgfmetadecorationsegmentlength}{-0.25pgfdecorationsegmentamplitude}}
        {pgfpoint{0.25*pgfmetadecorationsegmentlength}{-0.75pgfdecorationsegmentamplitude}}
        {pgfpoint{0pt}{-pgfdecorationsegmentamplitude}}
}
state{second wave}[width=0pt, next state=do nothing]
  {
    pgfpathmoveto{pgfqpoint{0pt}{pgfdecorationsegmentamplitude}}
    pgfpathcurveto
        {pgfpoint{-0.25*pgfmetadecorationsegmentlength}{0.75pgfdecorationsegmentamplitude}}
        {pgfpoint{-0.25*pgfmetadecorationsegmentlength}{0.25pgfdecorationsegmentamplitude}}
        {pgfpoint{0pt}{0pt}}
    pgfpathcurveto
        {pgfpoint{0.25*pgfmetadecorationsegmentlength}{-0.25pgfdecorationsegmentamplitude}}
        {pgfpoint{0.25*pgfmetadecorationsegmentlength}{-0.75pgfdecorationsegmentamplitude}}
        {pgfpoint{0pt}{-pgfdecorationsegmentamplitude}}
    pgfpathmoveto{pgfpointorigin}
}
  state{do nothing}[width=pgfdecorationsegmentlength,next state=do nothing]{
    pgfpathlineto{pgfpointdecoratedinputsegmentlast}
  }
  state{final}
  {
    pgfpathlineto{pgfpointdecoratedpathlast}
  }
}

begin{tikzpicture}
node[](S0){includegraphics[width=.12textwidth]{./_Images/Latex.png}};
node[above right = 26mm and 18mm of S0](S1){includegraphics[width=.12textwidth]{./_Images/Latex.png}};

defmyshift#1{raisebox{1ex}}
draw [decoration={discontinuity,amplitude=0.5cm,segment length=0.25cm,meta-segment length=0.5cm},decorate,<->,dotted,ultra thick,postaction={decorate,decoration={discontinuity,amplitude=0.5cm,segment length=0.25cm,meta-segment length=0.5cm,text along path,text align=center,text={|sffamilymyshift|TEXTTEXT}}}](S0) -- (S1);
end{tikzpicture}
end{document}