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▼ BEAR·MNQ1!·
3m
·DAY TRADER

Class A detected in cash

Fri, Jul 24, 2026, 12:45 PM EDT

ICT perspective

Setup, swing context, displacement, killzone

FVG iFVG MSS OB PWH/PWL Swept
A Class A bear displacement forms after the sweep of the PDL and DL, with price now sitting at the base of a stacked sequence. The structure built from 28699 (ITH) down through 28571.75 (ITL) and back up to 28705.75 (ITH) established the frame; the subsequent break below 28571.75 created the displacement into 28478, triggering a cascade of liquidity raids across PM, London, and Asian sessions. Multiple bear FVGs now sit compressed between 28530–28576, with the deepest iFVG at 28548–28555 remaining unmitigated. The 28489.5 MSS holds as a structural reference beneath the displacement. Price currently trades near the top of the bear FVG stack, in cash session killzone, with the hourly bias locked to bear. A student watching this setup should note how the displacement compressed multiple bullish iFVGs—the ones that formed intrabar during the initial sweep phase—into a tight band. When price fails to efficiently clear these internal liquidity levels on subsequent attempts, it often signals either exhaustion in the displacement or the preparation for a mean-reversion leg that respects the MSS as a floor.
same setup, second lens

Traditional TA perspective

VWAP / EMA stack / RSI / MACD / Volume

VWAP EMA 20 EMA 50 EMA 200· RSI(14) MACD Signal
Price sits 25 points below VWAP with the EMA stack inverted—20, 50, and 200 all above current levels—indicating downtrend posture. RSI at 39 reflects weak momentum in oversold territory, while MACD shows the line trailing the signal by 15 points with negative histogram expansion, confirming bearish momentum divergence. ATR at 36.70 points marks elevated volatility relative to typical ranges on this timeframe, suggesting room for directional moves. Volume at 10,263 sits slightly below the 20-bar average (ratio 0.93), indicating average conviction rather than climactic selling pressure. The combination of inverted EMA alignment, weak RSI, and deteriorating MACD histogram presents a consolidative structure within a downtrend—price remains pressure below its short-term moving averages with no immediate bullish momentum trigger visible in the oscillator complex.

Setup context

MSS level
28489.5
Displacement
28478 → 28631.25
FVG
28530.25 → 28532.25
Killzone
cash
Swept liquidity
pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh, dl
Swing sequence
ITH@28699 → ITL@28571.75 → ITH@28622.25 → ITH@28705.75

New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.

Educational observation only. Not financial advice.