Class A ▼ detected in pm

Mon, May 11, 2026, 04:00 PM EDT

ICT perspective

Setup, swing context, displacement, killzone

▭ FVG▭ iFVG┄ MSS━ OB━ PWH/PWL▣ Swept

A Class ▼ displacement forms after consecutive sweeps of PDH, PM HI, and DH liquidity through 1.3637, with price now printing below the MSS level at 1.3616. The prior swing sequence shows ITH at 1.3637 → ITL at 1.3565 → ITH at 1.3614 → ITH at 1.3632, establishing a bearish impulsive structure. The displacement spans 1.3654 to 1.3606, containing a nested FVG stack: a bear FVG (1.3636–1.3640) sits near the top of the move, while subsequent bear FVGs (1.3631–1.3636, 1.3629–1.3630, 1.3625–1.3627) cascade lower as price accelerates downward in PM killzone. An iFVG (1.3631–1.3636) mitigates intrabar between sweeps. Price now sits above the 1.3606 displacement low. Students observing this setup should note how multiple FVGs nest within a single displacement: each represents a fresh intra-displacement imbalance, and sweeping liquidity *into* the displacement (not after it clears) often precedes the most aggressive downside continuation.

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 at VWAP with the EMA stack inverted—the 20 and 50 below the 200—signaling structural weakness despite the current candle touching the longer-term moving average. RSI at 32.83 registers in oversold territory, reflecting downward momentum exhaustion. MACD shows the line below signal with a negative histogram, though the differential is minimal, suggesting momentum has lost conviction rather than reversed decisively. Volume at 2630 bars registers 2.07x the 20-bar average, indicating heavy participation into this level. ATR near zero reflects extremely tight recent range activity, compressing volatility context considerably. The combination of oversold RSI against an inverted EMA stack, paired with above-average volume on a price bar coinciding with VWAP, presents a point of potential interest where weak momentum meets structural resistance. No clear directional bias emerges from the setup alone.

Setup context

MSS level: 1.3616
Displacement: 1.3606 → 1.3654
FVG: 1.3625 → 1.3627
Killzone: pm
Swept liquidity: pdh, asian_hi, asian_lo, london_hi, pm_hi, dh

Swing sequence

ITH@1.3637 → ITL@1.3565 → ITH@1.3614 → ITH@1.3632

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

Educational observation only. Not financial advice.