A bullish Class A displacement forms after successive sweeps of the PDL and Asian LO, establishing a range between 2786.9 and 2827.9. The move printed an internal FVG between 2799 and 2808.2, sitting comfortably within the displacement body. Price currently trades near the upper boundary of the displacement following a London session correction that tested 2815.6—a retest of the most recent ITL after the 2833.2 ITH rejection.
The structure presents a compressed swing sequence: after the 2821.4 ITH, a pullback to 2811.2 ITL preceded a rally into 2833.2, then a subsequent lower ITH at 2815.6. This unequal swing behavior—combined with multiple liquidity sweeps below—suggests institutional accumulation within the displacement. The NYAM killzone houses the current price action, where a fresh impulse higher would need to clear the MSS level at 2821.3 and reclaim the 2833 ITH. A student watching this setup would benefit from observing how price interacts with the unfilled FVG on a break above—whether it gets filled on continuation or if a rejection at the displacement top precedes downside consolidation.
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 10.65 points above VWAP with the 20 and 50 EMAs both trading above the 200, establishing an uptrend structure. RSI at 59.27 reflects strength without overbought extremes, leaving room for continuation. MACD shows the line trading above its signal line with a positive histogram of 1.31, confirming momentum alignment to the upside. ATR at 7.58 points is moderate for this contract, indicating normal volatility context. Volume at 7231 contracts registers 4.12 times the 20-bar average—a substantial expansion in participation that underscores conviction behind the move. The convergence of price above all three major moving averages, positive MACD histogram, and elevated volume into this bar suggests buyers are present and organized, with momentum indicators supporting the existing trend structure without stretched conditions.
Setup context
MSS level
2821.3
Displacement
2786.9 → 2827.9
FVG
2799 → 2808.2
Killzone
nyam
Swept liquidity
pdl, asian_lo
Swing sequence
ITH@2821.4 → ITL@2811.2 → ITH@2833.2 → ITH@2815.6
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.