Class A ▼ detected in pm_sb

Thu, Jul 16, 2026, 02:00 PM EDT

ICT perspective

Setup, swing context, displacement, killzone

▭ FVG▭ iFVG┄ MSS━ OB━ PWH/PWL▣ Swept

A Class A▼ displaces down from the ITH at 7626.25 into PM session liquidity sweep, filling through the PM Lo at 7585.75. The prior swing sequence shows ITH→ITL compression into 7571.75, then a marginal higher low at 7566.25 preceding the displacement. The bear FVG (7586.5–7589.25) sits within the displacement's lower half, now sitting above the MSS at 7580.5. Current price holds near the FVG's lower boundary, having swept Asian and London session lows in sequence before hitting PM Lo. The PM session killzone shows the structure unfolding post-London. A student might observe how consecutive session-low sweeps (Asian→London→PM) signal continuation bias into displacement; the MSS at 7580.5 presents as a structural pivot where price either stabilizes with the FVG above it or continues lower into unmitigated space. The PWL sits far below at 7468.25—reference point for any deeper retracement context across the session.

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 20.65 points below VWAP at 7578.50, with the EMA 20 and 50 both above price, though the EMA 200 trades below—signaling a fractured trend structure without clear directional conviction. RSI at 37.17 reflects weak momentum in the lower half of the range, consistent with bearish posture. MACD shows the line at −5.67 trading below its signal at −3.99, with a negative histogram of −1.68, confirming momentum compression and no bullish crossover present. Volume at 52,069 contracts represents a 1.47× ratio above the 20-bar average, indicating elevated participation into the bar close. ATR at 13.52 points reflects moderate volatility for the timeframe. The overall setup presents price below both its short and intermediate moving averages with momentum indicators aligned downside, though the mixed EMA stack and RSI in weak territory (rather than deeply oversold) suggest this is a transition point rather than an extreme reading.

Setup context

MSS level: 7580.5
Displacement: 7573.75 → 7614.75
FVG: 7586.5 → 7589.25
Killzone: pm_sb
Swept liquidity: pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh, dl

Swing sequence

ITH@7613.5 → ITH@7626.25 → ITL@7571.75 → ITL@7566.25

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

Educational observation only. Not financial advice.