← All signalsA Class ▼ displacement formed after the sweep of Asian highs at 7627.75, with price now printing below the MSS level of 7571.75 in the PM session killzone. The prior swing structure shows an ITH at 7613.75 followed by a break of the ITL at 7571.75, establishing a lower low bias. Two iFVGs sit within the displacement: one between 7598–7601 (early formation) and another at 7619–7621 (higher within the range). The lower iFVG near 7598–7601 presents as an internal void that sits between the MSS and the current price action, while the 7619–7621 iFVG sits near resistance and has already been partially mitigated by the downward sweep sequence.
The current displacement bottom rests at 7568, with liquidity systematically swept across PDH, Asian highs, Asian lows, and London lows. A student observing this structure should note how the MSS level often acts as a pivot point after multi-session sweep sequences—price that breaks below it and then revisits the void zones (particularly the lower iFVG) can reveal order-flow intention on subsequent approaches. The PWL at 7468.5 remains as an older reference level; whether price extends toward it or finds structure above will depend on fresh session entries and killzone behavior. Price sits 25 points below VWAP at 7571.50, with the EMA stack compressed and inverted—the 20 and 50 both above price, though the 200 sits just 3 points below, suggesting a lack of clear directional conviction. RSI at 35.40 reflects weak momentum in oversold territory. MACD shows the line at −5.17 trading below its signal at −1.36, with a negative histogram of −3.81, confirming bearish momentum without signs of reversal yet. Volume at 107,953 contracts registers 2.21× the 20-bar average, marking heavy participation on the move. ATR at 17.06 points indicates moderate volatility relative to typical range expansion on this instrument. The confluence of price below VWAP, inverted shorter-term EMA structure, negative MACD histogram, and oversold RSI all point to continued downside pressure, though the proximity of the 200 EMA and the lack of a higher-timeframe trend framework leave the intermediate direction ambiguous.
Class A ▼ detected in pm_sb
Thu, Jul 16, 2026, 02:00 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
- 7571.75
- Displacement
- 7568 → 7632
- FVG
- 7599 → 7600.75
- Killzone
- pm_sb
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh, dl
Swing sequence
ITL@7531.5 → ITH@7613.75 → ITL@7571.75 → ITL@7468.5
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.