Class A ▼ — MNQ1! 60m | Zero Mind Signals

A Class ▼ displacement forms after the sweep of PDH, Asian Hi, London Hi, PM Hi, and the MSS at 29435.75. The move down from 29571 to 29234.5 represents a clean impulsive structure that has already executed liquidity across multiple session highs and the Displacement Level itself. Three iFVGs sit nested within this drop—at 29368–29407, 29461–29505, and 29502–29514—with the primary FVG (29450–29514) now forming the upper boundary of the fresh displacement. The Asian Lo sweep at 29435.75 confirms the low-side liquidity grab. The swing sequence shows ITH at 29655, ITL at 29402, then the next ITH at 29811 before the current ITL rests at 28947.75. This places the current structure within London Open killzone. The bear bias is confirmed across 15m, 30m, and 60m timeframes. A student watching this setup should observe how the iFVGs stacked within the displacement provide potential retest levels if mean reversion develops, and note that the MSS level (29435.75) performed its function as both an OTE and subsequent sweep target—classic ICT confluencing.

Price sits 222 points below VWAP with the EMA stack in bearish alignment—20, 50, and 200 all stacked downward and price below all three, confirming downtrend structure. RSI at 32 registers in weak territory, approaching oversold but not yet there, signaling sustained selling pressure without capitulation. MACD line sits 14.36 points below signal with a negative histogram of –14.22, indicating bearish momentum intact and no divergence lift yet. ATR at 82.76 reflects moderate volatility typical for this instrument; expansion from here would signal acceleration. Volume at firing bar reads 109,938 versus the 20-bar average of 107,728—a ratio of 1.02 reflects average participation, neither conviction nor reluctance. The setup presents a coherent downtrend with momentum aligned to the direction, though RSI separation from oversold and volume at mean suggest the move retains composure rather than panic selling.

Class A ▼ detected in london_open

ICT perspective

Traditional TA perspective

Setup context