← All signalsA bearish displacement has formed after sweeping Asian high liquidity at 29337. The move down from that sweep presents a Class A bear setup, having cleared multiple session lows (LONDON_LO at 29025.75, then ASIAN_LO at 29190.25) and established a fresh ITL around 29162.25 before the current bearish candle. The MSS sits at 29172.75, marking the measured move scale from the most recent swing structure.
Inside the displacement (29158.25 to 29342.25), a bear FVG has formed between 29271.25 and 29295, while an iFVG bull rests lower at 29260.25–29274.25. Both liquidity voids remain unfilled and sit within the active displacement. The cash killzone context shows exhaustion of institutional orders across all major session sweeps—PDH, PDL, NWOG, NDOG, all major London and Asian levels have been touched. Price is now compressing near MSS. A student watching this might observe how the sequential sweep pattern (each lower low progressively collecting liquidity) creates confluence for either displacement continuation or a potential reversal impulse if price respects the iFVG as support and rejects lower. Price sits 58 points below VWAP with the EMA 20 and 50 both above the close, while the 200 anchors lower—a mixed stack typical of indecision. RSI at 44 signals weak momentum without oversold extremity. MACD confirms softness: the line trails signal by 2.74 points with a negative histogram, indicating downside pressure without conviction. Volume at 1.79× the 20-bar average shows elevated participation, but the negative histogram suggests that volume is flowing into selling rather than demand expansion. ATR at 68.66 reflects moderate volatility for the context. The setup presents a period of consolidation where price has slipped beneath its key moving averages and VWAP while momentum indicators show deterioration—a posture consistent with rotational or corrective activity rather than sustained trend conviction in either direction.
Class A ▼ detected in cash
Wed, Jul 22, 2026, 03:30 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
- 29172.75
- Displacement
- 29158.25 → 29342.25
- FVG
- 29271.25 → 29295
- Killzone
- cash
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh
Swing sequence
ITL@28701 → ITL@29064.25 → ITH@29364.75 → ITH@29999.75
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.