← All signalsMNQ has formed a bear displacement from 29283 down to 29198, creating a Class A▼ after sweeping NDOG CE liquidity at 29138.25. The swing sequence shows a recent ITH at 29260.75, followed by a pullback to ITL at 29025.75—typical impulsive structure into a correction phase. A bear FVG (29253.25–29258.5) sits within the displacement; above it sits a bullish iFVG (29246–29263.5) that was formed earlier and now sits in the path of potential mean reversion. The MSS level anchors at 29218.25, marking the displacement low's structural anchor. Asian killzone context frames this as early-London transition, where liquidity sweep sequencing has cleaned multiple session lows and highs. A student observing this setup might note the layering of overlapping FVGs—the bear FVG nested *below* the bullish iFVG creates a compression zone where directional intention clarifies only on break of structure. The fact that recent displacement printed *below* the MSS suggests aggressive downside displacement; watching whether price respects or violates the bull iFVG band (29246–29263.5) will signal whether this bear move sustains or inverts into rebalancing. Price sits 45 points above VWAP while the EMA stack remains fragmented—the 20 and 50 sit marginally above price, yet the 200 anchors below, signaling no clear directional conviction. RSI at 41.51 reflects weak momentum without oversold conditions, leaving room for either consolidation or deterioration. MACD presents a bearish lean: the line trails the signal by 9.19 points of negative histogram, indicating momentum is not yet aligned with upside structure. Volume at 6245 contracts against the 20-bar average of 3454, a ratio of 1.81× that shows elevated participation relative to the session baseline. ATR near 25 points reflects typical volatility for this timeframe, neither compressed nor extreme. The cluster of signals—weak RSI, negative MACD histogram, mixed EMA alignment despite VWAP premium—suggests price is poised between consolidation and directional resolution, with conviction still building.
Class A ▼ detected in asian
Wed, Jul 22, 2026, 09:39 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
- 29218.25
- Displacement
- 29198 → 29283
- FVG
- 29253.25 → 29258.5
- Killzone
- asian
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh, dl
Swing sequence
ITH@29260.75 → ITH@29260.25 → ITL@29025.75 → ITL@29172.5
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.