← All signalsA bearish Class A displacement forms after the sweep of PM session lows (29468.25), with price traveling from 29580 to 29600.25 before collapsing into a fresh low. The FVG sits narrow—29592 to 29593.75—compressed within the displacement itself, positioned just above the MSS level at 29590.5. This FVG now sits unmitigated and sits in the early PM session killzone. The swing sequence leading into this setup shows price printing an ITH at 29615.75, then dropping to ITL at 29567.75, before the final displacement breach displaced lower. Multiple liquidity sweeps (PDH, Asian highs, London structure, PM lows) compressed into recent candles, suggesting the market sequentially harvested sell-side and buy-side orders across all major sessions. A student watching this setup notes how the FVG—though internally displaced—remains unfilled at a juncture where the MSS and recent ITL proximity converge, creating a structural zone where mitigation often precedes directional continuation or reversal structure. Price closes fractionally below VWAP at 29583, sitting below all three moving averages with the EMA stack compressed and unaligned—no clear directional hierarchy. RSI at 33.14 signals weakness, well into oversold territory. MACD shows the line trading below its signal line with a negative histogram of –0.93, confirming bearish momentum without reversal setup. ATR at 7.44 points reflects subdued volatility for this contract. Volume at 3581 contracts represents 2.46× the 20-bar average, showing material conviction behind the move despite the small range. The combination of depressed momentum, price pinned near VWAP from below, and heavy volume into weakness suggests the selling pressure is being absorbed without snap-back. No overbought condition or bullish divergence visible to counter the momentum read.
Class A ▼ detected in pm_sb
Tue, Sep 8, 2026, 02:35 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
- 29590.5
- Displacement
- 29580 → 29600.25
- FVG
- 29592 → 29593.75
- Killzone
- pm_sb
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_lo, nwog_ce, dh, dl
Swing sequence
ITH@29613.25 → ITL@29585.5 → ITH@29615.75 → ITL@29567.75
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.