← All signalsA Class A bearish displacement forms after a high sweep sequence across multiple killzones—Asian high, London high, and PM low all cleared between 1778504400 and 1778547600. The displacement spans 29214 to 29480.5, with the prior ITH at 29402.5 now functioning as the displacement ceiling. Price dropped into an ITL at 29247 (the MSS level), which sits above the NWOG CE and London LO sweep points, establishing a structural floor within this downward move.
Two bear FVGs are active: the primary resides between 29303.25–29318.5 (formed 1778554800, within London Open killzone) and sits beneath the PM LO sweep at 29320.75. A second FVG between 29392–29418.5 formed earlier in the displacement. The 60-minute timeframe carries a confirmed bear bias across the 15, 30, and 60-minute hierarchy. Price currently rests near the lower FVG, having swept Asian LO at 29250.5 post-ITL formation. Watch whether price holds above the MSS level (29247) on the next probe—failure to defend it would signal potential continuation deeper into unmitigated downside structure, while a bounce would suggest possible iFVG mitigation within the displacement. Price sits 110 points below VWAP with the EMA 20 also overhead, while the EMA 50 and 200 remain in support—a mixed stack reflecting transition rather than directional commitment. RSI at 42 signals weak momentum in the lower half of neutral territory, and MACD presents clear weakness: the line trades 31 points below its signal with a negative histogram, indicating fading upside momentum. ATR at 81 points represents moderate volatility for this contract. Volume at 26,705 contracts is substantially light—only 30% of the 20-bar average—suggesting limited conviction behind price action at this juncture. The combination of below-VWAP price, weak RSI, and a bearish MACD histogram points to an environment lacking sustained buying pressure, though the intermediate EMA support zone remains intact. Consolidation characteristics dominate the read.
Class A ▼ detected in london_open
Tue, May 12, 2026, 02:00 AM 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
- 29247
- Displacement
- 29214 → 29480.5
- FVG
- 29303.25 → 29318.5
- Killzone
- london_open
- Swept liquidity
- asian_hi, asian_lo, london_hi, london_lo, pm_lo, nwog_ce
Swing sequence
ITL@28542 → ITH@29402.5 → ITL@29247 → ITH@27966.5
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.