← All signalsA Class ▼ forms after the sweep of the Asian high at 29337.25, displacing down to 29076 with a subsequent rally back into the 29195–29197.5 FVG zone. The swing sequence shows an ITL at 29207.75 followed by a deeper ITL at 28974.25, establishing a clear downtrend structure. Multiple iFVGs sit nested within the displacement—notably the 29181–29221.75 iFVG that was partially filled, and the tighter 29196–29197.5 iFVG now resting atop a bear FVG (29195–29197.5). The bear MSS at 29119 anchors the structure; price action oscillated around this level before the final sweep lower into off-hours, where liquidity below the Asian low (29190.25) was taken.
A student observing this setup should note how the bearish displacement preserved its internal FVGs through consolidation—these micro-voids act as resistance on any mean-reversion probe, defining the upper boundary of the current institutional order flow. The nested iFVGs tell a story of market makers working buy-side liquidity into a defined zone before continuation lower. Price sits 14.50 points below VWAP, with the EMA stack bearishly arranged—the 20, 50, and 200 all stacked lower and price trading beneath all three, confirming downtrend posture. RSI at 28.88 is in oversold territory, indicating momentum depletion on the current leg lower. MACD shows the line trading below its signal at −15.88 versus −8.02, with histogram negative at −7.86, reinforcing bearish momentum but with the oversold RSI suggesting potential mean-reversion pressure ahead. ATR at 32.72 is elevated relative to the 20-bar average, reflecting above-normal volatility in the current move. Volume at 6872 contracts is 1.61× the 20-bar average, showing elevated conviction behind price action at the firing bar. The combination of oversold RSI, negative MACD histogram, and above-average volume into lower prices presents a compression of momentum indicators—a convergence often preceding consolidation or retest behavior in downtrends.
Class A ▼ detected in off_hours
Wed, Jul 22, 2026, 06:00 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
- 29119
- Displacement
- 29076 → 29260.25
- FVG
- 29195 → 29197.5
- Killzone
- off_hours
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, dh, dl
Swing sequence
ITL@29276.5 → ITH@29330.75 → ITL@29207.75 → ITL@28974.25
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.