← All signalsNQ1! has formed a Class A bearish displacement after sweeping the Asian high at 29337 and subsequently the London low at 29025.75. The displacement spans 29260 (top) to 29075.75 (bottom), with the most recent ITL sitting at 28975.5—representing a fresh structural breakdown. A bull iFVG (29180–29221) formed during the displacement but sits above current price action, now functioning as potential resistance within the swept zone.
The bear FVG (29204.5–29211.75) and the tighter bull iFVG (29196.5–29197.75) both printed at the displacement's upper boundary and remain unfilled, marking a congestion band where multiple liquidity pools converged. The MSS level at 29119 sits just above the most recent ITL, establishing a key structural reference. Session-wise, the setup is forming in off-hours. A student watching this structure might observe how the sequential sweep of multiple session liquidity pools (NDOG, NWOG, Asian, London) compressed into a narrow FVG band—a hallmark of order-flow exhaustion before directional continuation or mean-reversion probe. The HTF bias remains bearish across 15m, 30m, and 60m timeframes, though the clustering of unfilled FVGs near 29196–29221 warrants attention for potential intra-displacement retracement mechanics. Price sits 14.75 points below VWAP with all three major EMAs stacked bearishly above—20, 50, and 200 in descending order—establishing a defined downtrend structure. RSI at 28.32 is deep in oversold territory, signaling exhaustion in selling pressure. MACD shows the line trading 8.1 points below the signal line with negative histogram, confirming downside momentum is still active but decelerating. ATR at 32.63 reflects typical volatility for this timeframe. Volume at 1556 contracts registers 1.48× the 20-bar average, indicating elevated conviction behind the move. The combination of oversold RSI, MACD line-below-signal positioning, and above-average volume suggests selling has been forceful; however, the oversold RSI alone may warrant monitoring for potential mean-reversion mechanics as price remains compressed below all key moving averages and VWAP.
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
- 29075.75 → 29260
- FVG
- 29196 → 29197.75
- Killzone
- off_hours
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh, dl
Swing sequence
ITL@29276.75 → ITH@29331.25 → ITL@29207.75 → ITL@28975.5
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.