I got stopped out on backtesting. Now I doubt if this is a valid choch. The blue line is liquidity. Liquidity is swept and I am waiting for CHOCH. This is for the homework module 6.
What is your view?
edit: picture 2, 1h timeframe. Internal liquidity is swept. Did 3 prior entry's on the external liquidity. All 3 succesfull.
SL got hit, went lower and went up again.