← All signalsA Class ▼ displacement forms after the sweep of London HI at 29469.5, with price moving lower into the PM killzone. The displacement spans 29487–29110.75, containing a bear FVG at 29234.25–29282.25 that remains unmitigated. An iFVG (bull) sits higher at 29352.25–29404.75, created during the preceding bullish impulse. The swing sequence shows ITH at 29693.5, followed by ITL at 29448.25, then ITH at 29783.75 before the current displacement lower to ITL at 29295.75—a clean three-leg structure. The MSS level at 29211.5 anchors support beneath the bear FVG. Observation: Multiple session liquidity sweeps (PDH, Asian HI/LO, London HI/LO) occur before this displacement forms, which is typical pre-displacement behavior—the market exhausts liquidity orders across sessions before committing to directional displacement. A student watching this would note how the completed sweep markers correlate to the timing of the Class ▼ initiation; displacement often follows systematic liquidation of resting orders across the weekly structure. Price sits 146 points below VWAP with the EMA stack inverted—20, 50, and 200 all compressed within a 70-point band above current levels, signaling a loss of uptrend structure. RSI at 39 is in weak territory, neither oversold nor showing momentum conviction. MACD line trades below its signal line with a negative histogram of –0.97, confirming bearish momentum divergence. ATR at 109 points reflects moderate volatility relative to recent ranges. Volume at 65,014 contracts measures only 62% of the 20-bar average, indicating light participation at this firing bar and a lack of conviction behind price direction. The combination of inverted structure, weak RSI, MACD below signal, and below-average volume suggests price is operating in a low-energy state without clear directional bias—neither a flush lower with conviction nor a recovery with buying support.
Class A ▼ detected in pm
Fri, May 15, 2026, 04:00 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
- 29211.5
- Displacement
- 29110.75 → 29487
- FVG
- 29234.25 → 29282.25
- Killzone
- pm
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, dh, dl
Swing sequence
ITH@29693.5 → ITL@29448.25 → ITH@29783.75 → ITH@29295.75
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.