← All signalsA bearish Class A▼ formed after the sweep of London Hi at 50593, with price descending through 50720 (ITL), 50831 (ITH), and most recently 50722 (ITL) before collapsing to 50610 (ITL). The displacement runs 50636–50697; within it sits a bear FVG at 50653–50658, which has been mitigated. Multiple iFVGs between 50657–50682 were printed during the rally phase, each serving as a reference for momentum rejection. The MSS level resides at 50643, establishing a pivot in the recent structure. Current price sits in the PM killzone, having already swept significant session liquidity (PDH, Asian Hi/Lo, London Hi/Lo, PM Hi/Lo, NWOG/NDOG ces). The bear bias holds across all HTF filters (60m, 30m, 15m). What a student of methodology should observe: note how each iFVG in the displacement—particularly the stacked prints near 50677–50682—marked resistance during the bull attempt. When price returned below the MSS at 50643, those iFVGs remained unmitigated above, leaving a clean structural imbalance. This illustrates how multiple FVGs at different timescales can operate as layered confluence within a single displacement, guiding where the next sweep or directional thrust may reference. Price sits 55 points below VWAP while the EMA 20, 50, and 200 form a compressed, mixed stack — no clear directional hierarchy. RSI at 34 registers weak momentum in the lower half of the range, signaling subdued buying pressure. MACD shows the line above its signal with a small positive histogram, a modest momentum upturn, but both lines remain deeply negative in absolute terms. ATR at 22 points reflects typical intraday volatility for this instrument. Volume at 234 contracts is notably light relative to the 20-bar average of 467 — half the expected conviction. The combination of price below all three key moving averages, RSI in the weak zone, and thin volume suggests low-energy price action. The small positive histogram tick hints at a minor momentum inflection, though the overall setup lacks the volume and indicator alignment needed to confirm sustained directional conviction.
Class A ▼ detected in pm
Fri, May 22, 2026, 04:42 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
- 50643
- Displacement
- 50636 → 50697
- FVG
- 50653 → 50658
- Killzone
- pm
- 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@50720 → ITH@50831 → ITL@50722 → ITL@50610
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.