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▼ BEAR·MNQ1!·
1m
·DAY TRADER

Class A detected in asian

Thu, Jul 23, 2026, 09:18 PM EDT

ICT perspective

Setup, swing context, displacement, killzone

FVG iFVG MSS OB PWH/PWL Swept
A Class A bear ▼ has formed after displacement down from 28701.75 to 28648.5, with the MSS at 28656 anchoring recent structure. The swing sequence traces ITH 28683.75 → ITL 28620.5 → ITL 28626.5 → ITH 28700.75, establishing a lower-high setup into the latest impulsive move. Two iFVGs sit nested within the displacement: one at 28660.75–28662.5 and another at 28673–28687.75, both now sitting above the current price. A fresh bear FVG (28664.25–28674.5) has printed after the most recent impulse lower, partially overlapping the prior bullish iFVG—classic compression zone behavior. Liquidity sweep data shows NDOG CE was taken on the high, with PDH, PDL, and session extremes all swept during the larger downward sequence. Price currently orbits the lower boundary of the bear FVG with the HTF bias at 60m showing bullish, while 15m and 30m remain bearish. Asian killzone context compounds the institutional asymmetry. A student might observe how the overlapping iFVG and bear FVG create a confluent delivery zone where directional thesis hinges on which void gets mitigated next—the lower iFVG or the bear FVG itself.
same setup, second lens

Traditional TA perspective

VWAP / EMA stack / RSI / MACD / Volume

VWAP EMA 20 EMA 50 EMA 200· RSI(14) MACD Signal
Price sits 15 points below VWAP at 28654.50, with the EMA stack compressed and mixed—all three moving averages clustered between 28667 and 28671—leaving no clear directional lean from the stack itself. RSI at 43.45 is in weak territory, below the 50 midline, suggesting momentum has not built conviction in either direction. MACD reinforces this hesitancy: the line trades 3.44 points below its signal at a negative histogram, indicating bearish momentum has stalled rather than accelerated. Volume at 1395 is only marginally above the 20-bar average (ratio 1.03), reflecting average participation without expansion, which limits conviction from price action alone. ATR at 17.50 points confirms a relatively contained volatility environment for this timeframe. The firing bar presents a setup where price, oscillators, and moving averages are all in a state of equilibrium—neither significantly extended from key levels nor showing synchronized momentum, leaving the tactical picture ambiguous.

Setup context

MSS level
28656
Displacement
28648.5 → 28701.75
FVG
28664.25 → 28674.5
Killzone
asian
Swept liquidity
pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh, dl
Swing sequence
ITH@28683.75 → ITL@28620.5 → ITL@28626.5 → ITH@28700.75

New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.

Educational observation only. Not financial advice.