NZD/CHF Third Reversal in a Row, Starting New Bullish Trend

We can find a triple reversal here on NZD/CHF. The price is behaving incredibly trendy and every time the price decided to go into a direction, it kept going in that same direction for a long time.

Now that the price has made an extreme move of 3.50% here in just 5 days time, we can see a first sign of a local bottom. If the price continues its new trend, we can expect a longer move to the upside of NZD/CHF, which is a scenario we can monetize using a long position.

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!