← All signalsA Class A ▼ displacement forms after a PDH and Asian High sweep, with price now trading below the MSS at 7575.25 in the PM session. The swing sequence presented an ITH at 7632, followed by a break below the ITL at 7571.75, establishing a lower low structure. The recent ITL at 7593.25 sits within the larger displacement range (7568.25–7614.75), while the active FVG at 7588–7589.25 (bear) sits near the displacement floor—a zone where institutional reversals often nucleate after asymmetric liquidity sweeps.
Multiple iFVGs remain unmitigated above current price (7581.5–7585.75 and 7591.5–7599.75), representing prior bullish imbalances left within the downside displacement. The current killzone (PM Session) has already seen significant NDOG and NWOG formation. A student of the methodology should observe that after sustained sweeps of all prior session lows and highs, price compression near the FVG floor often precedes either a reversal impulse back into those unmitigated iFVGs or a continuation break below displacement lows—both are valid setups contingent on which MSS/SSL confluence holds next. Price sits 23 points below VWAP with the EMA stack bearishly aligned—20, 50, and 200 all stacked in descending order and positioned above current levels, confirming downtrend structure. RSI at 36.43 reflects weak momentum in the lower half of the range, suggesting limited bullish conviction. MACD line trades below its signal line with a negative histogram of –2.14, reinforcing the absence of upside acceleration. ATR at 11.09 indicates moderate volatility typical for the timeframe, allowing price movement without extremes. Volume at 23,835 contracts sits 17% below the 20-bar average at 28,609—a below-average read that reflects softer participation at the firing bar despite the downtrend setup. The combination of price rejection below both VWAP and the EMA stack, coupled with weak RSI and lagging MACD, paints a picture of subdued momentum without conviction, though the diminished volume suggests neither aggressive selling nor capitulation yet.
Class A ▼ detected in pm_sb
Thu, Jul 16, 2026, 02:30 PM EDT
ICT perspective
Setup, swing context, displacement, killzone
▭ FVG▭ iFVG┄ MSS━ OB━ PWH/PWL▣ Swept
same setup, second lens
Traditional TA perspective
VWAP / EMA stack / RSI / MACD / Volume
━ VWAP━ EMA 20━ EMA 50┄ EMA 200·━ RSI(14)━ MACD━ Signal
Setup context
- MSS level
- 7575.25
- Displacement
- 7568.25 → 7614.75
- FVG
- 7588 → 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
ITL@7571.75 → ITH@7632 → ITL@7575.25 → ITL@7593.25
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.