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▼ BEAR·MNQ1!·
15m
·DAY TRADER

Class A detected in london_sb

Tue, Sep 1, 2026, 03:45 AM EDT

ICT perspective

Setup, swing context, displacement, killzone

FVG iFVG MSS OB PWH/PWL Swept
A Class A bearish displacement forms after London session sweep through PDH, Asian high, and PM high liquidity, with the displacement spanning 29430–29571. The swing sequence shows ITL at 29354, followed by ITH at 29538, then a pullback ITL to 29435.75 before the final ITH at 29543.5 triggered the sweep. Post-sweep, price has collapsed into the displacement, creating a bear FVG (29478.75–29527.25) nested within two prior iFVGs. The bear FVG now sits 49 points above the current low of 29430—the displacement floor—while the MSS level anchors at 29447.5, positioning between the FVG and the low. London session killzone context amplifies the institutional sweep pattern: multiple liquidity pools (NDOG, NWOG, DL) were cleared in rapid succession, classic London open manipulation before the directional move. A student watching this setup should note how the iFVGs formed intra-displacement provide early resistance reference points; price recycling into them during the descent offers a structural clue to institutional accumulation zones rather than reversal probability.
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 63 points below VWAP with the EMA 20 and 50 both above the current close, creating a layered resistance structure overhead. The 200-period EMA at 29481 anchors below, but the overall stack lacks coherent bullish alignment. RSI at 39.92 signals weak momentum in the oversold-approaching region, while MACD confirms bearish phase with the line at 3.20 trading below its signal line at 9.42 and histogram deeply negative at −6.22. Volume at the bar reads elevated relative to the 20-bar average (ratio 1.58), suggesting institutional participation into the lower prices. ATR at 36.83 reflects moderate volatility for this instrument. The combination of price below all three key moving averages, momentum indicators in bearish alignment, and elevated volume on the downside presents a consolidation floor being tested with conviction, though the overhead EMA structure and MACD trajectory suggest continued pressure until momentum stabilizes above the signal line.

Setup context

MSS level
29447.5
Displacement
29430 → 29571
FVG
29478.75 → 29527.25
Killzone
london_sb
Swept liquidity
pdh, asian_hi, london_hi, london_lo, pm_hi, nwog_ce, ndog_ce, dl
Swing sequence
ITL@29354 → ITH@29538 → ITL@29435.75 → ITH@29543.5

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

Educational observation only. Not financial advice.