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GBPCAD: How to Trade Flag Pattern

Short
British Pound / Canadian Dollar (OANDA:GBPCAD)  
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OANDA:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns Flag pound canadiandollar CAD GBP GBPCAD Technical Analysis poundsterling trading Forex
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trendanalysis chartpattern flagpattern pound canadiandollar cad gbp gbpcad technicalanalysis poundsterling trading forex
snapshot

GBPCAD has reached a wide daily supply zone.
the price went rejected on Friday confirming the strength of the underlined structure.

on 1H the price dropped with a strong bearish impulse (flag pole) and currently is trading within a horizontal parallel channel (bearish flag pattern).
sell signal for us will be the bearish breakout (1H candle close below) of its support.

next goal will be 1.7485

safest stop is above the last flags high

good luck
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