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▼ BEAR·MNQ1!·
60m
·DAY TRADER

Class A detected in asian

Thu, Jul 23, 2026, 11:00 PM EDT

ICT perspective

Setup, swing context, displacement, killzone

FVG iFVG MSS OB PWH/PWL Swept
A Class A ▼ displacement forms after the sweep of the NWOG and daily low liquidity, with price moving from 28782 down to 28481—creating a bearish displacement of roughly 300 points. The swing sequence shows a clean ITH at 29342.5 followed by a break of the previous ITL (28961.25) down to a fresh ITL at 28408.25 (PWL), confirming directional intent lower and sweeping Asian and London session extremes in the process. Inside this displacement sits a bear FVG (28561.5–28608.5) formed after the iFVG (28603.25–28613.25) was mitigated. The bear FVG remains unmitigated and positioned above the MSS level at 28485.75, which itself sits just above the PWL. Price currently consolidates in the Asian killzone near the upper range of the displacement. The setup presents a textbook scenario for understanding displacement mechanics: after a swing breaks structure (ITL) and sweeps prior session liquidity, the FVG left behind—especially when it sits between the MSS and fresh structural lows—often becomes a reference point for continuation bias or potential mean reversion on lower timeframes before the next directional push.
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 141 points below VWAP, with the EMA 20, 50, and 200 all stacked in descending order—a bearish alignment. The close at 28485.50 is firmly beneath all three moving averages, confirming downtrend structure. RSI at 30.94 is in oversold territory, signaling weak momentum. MACD shows the line trading below the signal line (−132.92 vs −125.91) with a negative histogram of −7.01, indicating bearish momentum remains intact. ATR at 123.38 points reflects moderate volatility for this timeframe—typical expansion context. Volume at 54105 is notably light, registering only 36% of the 20-bar average, suggesting low conviction behind the current price action. The combination of oversold RSI, bearish EMA stack, VWAP resistance overhead, and declining volume points to a downtrend lacking aggressive selling pressure at this juncture.

Setup context

MSS level
28485.75
Displacement
28481 → 28782
FVG
28561.5 → 28608.5
Killzone
asian
Swept liquidity
pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, dh, dl
Swing sequence
ITH@29363.5 → ITL@28961.25 → ITH@29342.5 → ITL@28408.25

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

Educational observation only. Not financial advice.