Class A ▼ detected in asian

Mon, Jul 20, 2026, 08:00 PM EDT

ICT perspective

Setup, swing context, displacement, killzone

▭ FVG▭ iFVG┄ MSS━ OB━ PWH/PWL▣ Swept

A Class A bearish displacement forms after the PDL sweep near 28709.75, with price rising into 28832.5 before reversing sharply lower. The move follows an ITL at 28701, establishing directional conviction in the Asian killzone. The displacement contains multiple iFVGs—particularly the 28777.5–28798.75 structure—now sitting beneath price as it collapses. A fresh FVG prints in the bearish direction at 28787.75–28800.75, created during the final leg down. The MSS at 28756.5 acts as a reference within this compressed zone. HTF bias on the 60-minute holds bear, aligning with intraday structure. Notably, price swept substantial liquidity across Asian and London sessions before manifesting this displacement; students should observe how multiple session highs and lows compressed into a tight range before the directional break, a common precursor to Class A moves. The iFVG stack from the earlier bull attempt now sits as potential reference for future auction.

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 36 points below VWAP with the EMA 20 and 50 compressed near 28779, both trailing the longer 200 at 28860—a vertically stacked structure suggesting downward pressure across timeframes. RSI at 37.23 reflects weak momentum, well into oversold territory without yet reaching extremes, while MACD shows the line trailing signal by nearly 8 points with negative histogram—momentum remains below its reference and continuing lower. ATR at 23.64 is moderate for this contract, indicating typical intraday volatility without expansion. Volume at 1080 contracts measures 2.84× the 20-bar average, marking a notably heavy bar that anchors the current move with conviction. The confluence of price beneath VWAP and all three EMAs, combined with weak RSI and below-signal MACD, underscores diminished upside momentum; the heavy volume suggests the selling has structural participation.

Setup context

MSS level: 28756.5
Displacement: 28722 → 28832.5
FVG: 28787.75 → 28800.75
Killzone: asian
Swept liquidity: pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, dh, dl

Swing sequence

ITL@28796.5 → ITH@28894.25 → ITL@28701 → ITL@28873.25

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

Educational observation only. Not financial advice.