← All signalsA bearish Class A displacement forms after the sweep of London's high at 7463.25, with price now trading into the 7440–7438 zone following a series of session liquidations (PM, Asian, London structure all tagged). The swing sequence presents an ITL at 7442.25 followed by an ITH at 7453.75, then a breakdown below that ITL, establishing a lower low structure into the current displacement bottom near 7440. A bear FVG sits between 7448.75 and 7453.5, created during the sell-off and now unmitigated above price—this gap remains relevant for potential retracement or mitigation structure. An iFVG (7449.5–7450.5) formed earlier and has already been swept through, typical of displacement continuation. The NYAM killzone frames this move as London's expiration period, where accumulated liquidity sweeps (PDH, PDL, Asian structure) support directional bias. The MSS level at 7444.25 sits just above the current low, acting as a reference for displacement measurement. Students observing this setup should note how the bear FVG above price—unmitigated and sitting in mid-displacement—can represent both impedance to further downside and a structural reference for understanding where buy-side liquidity may be pooled during any retracement. Price sits 10 points below VWAP with the 20, 50, and 200 EMAs stacked bearishly, anchoring a downtrend posture across multiple timeframes. RSI at 37.80 reflects weakness without deep oversold conditions—space remains lower. MACD line trades below its signal at -0.28 versus -0.05, with a negative histogram of -0.23, confirming absent bullish momentum. Volume at 6712 contracts registers 64% above the 20-bar average of 4092, showing conviction behind the current bar. ATR at 4.77 points denotes mild volatility typical for the instrument. The combination of bearish EMA stacking, sub-VWAP price placement, weak RSI territory, and MACD histogram still negative suggests the downtrend structure remains intact, though elevated volume on this bar indicates active participation in directional flow rather than capitulation or indecision.
Class A ▼ detected in nyam
Fri, Jul 24, 2026, 09:51 AM 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
- 7444.25
- Displacement
- 7440 → 7457.25
- FVG
- 7448.75 → 7453.5
- Killzone
- nyam
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh, dl
Swing sequence
ITL@7446.5 → ITH@7453.75 → ITL@7442.25 → ITL@7453
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.