SHORTING AUDCHF Based on 200MA

Taking the lowest price of November 2023 for a short entry price with 2x ATR stop loss.

Will add positions based on 1x ATR as pyramiding positions.

2% risk per position

Risk scheme:
-2% for first position
-3% (-1%-2%) after adding the second position. (move the SL of first position to 2nd entry SL)
-3% (0%-1%-2%) after adding the third position. (move the SL of first and second position to 3rd entry SL)

max drawdown for this trading is 3%

Reward scheme:
4%
3%
2%

Risk reward = 3:9 (1:3)

Trend Following