At yesterday’s low, the Gbpcad was down 600 pips since breaking below neckline support on July 26th. I discussed the head and shoulders pattern several times including July 18th and again on the 25th, just one day before the breakdown. And as a testament to the significance of pin bars, the entire right shoulder began with […]

The post GBPCAD Down 500 Pips; Another 1,000 to Go? appeared first on Daily Price Action.