🚨 Shorting USDCNH: Seizing the Opportunity Amidst Long Position Surge 🚨
In this video, I explain why I'm shorting USDCNH due to a significant return of large long positions that we haven't seen in a long time. The 60-day bullish run seems to be over, and we're anticipating a potential drop.
Key points covered:
Analysis of the surge in long positions and its implications
Why the recent 60-day bullish trend is likely ending
Insights into the expected drop and its potential speed
Strategic approach to shorting USDCNH in this unique market scenario
While no one, including myself, can predict exactly how long this drop will last, I believe it will be quick. Join me as I break down the current market dynamics and share my strategy for capitalizing on this potential drop.
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