COF (US) is in downtrend and 5th wave is in progress. Sell with stops above 62.94 for target below 40 level.
Trade closed: stop reached
Comment:
Either its completed 5th wave as truncated or some complex correction going through, and down move was not impulse.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.