Class A ▲ detected in pm

Wed, May 27, 2026, 04:30 PM EDT

ICT perspective

Setup, swing context, displacement, killzone

▭ FVG▭ iFVG┄ MSS━ OB━ PWH/PWL▣ Swept

The MNQ 15-minute chart presents a Class A bullish displacement after a London session sweep—the PM high (30112) swept followed by an Asian high breach (30162.5), creating an ITH that subsequently compressed into an ITL at 30055.5. Price has now retraced into the most recent FVG (30071.5–30092), sitting just above the London low sweep at 30055.5. The MSS level at 30099.25 anchors the bullish bias across the 15/30/60 timeframes. What frames the current structure: a multi-liquidity sweep sequence (PDH, PM, Asian levels) followed by a displacement that printed three nested bull FVGs—the uppermost one (30071.5–30092) now serving as the active mitigation zone. The killzone is PM, meaning liquidity-hungry moves are characteristic here. A student observing this setup might note how the iFVG formed *within* the displacement itself rather than spanning a gap—this internal fill often precedes compression into the MSS before higher displacement sequences unfold.

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 67 points above VWAP with the 20 and 200 EMAs aligned bullish beneath, though the 50 EMA trades marginally above price, creating a mixed stack that lacks clean layering. RSI at 58.32 reflects moderate upside momentum without overbought tension. MACD shows the line well above signal with a positive 17.66 histogram, confirming directional conviction. ATR at 54.33 points indicates moderate expansion relative to recent range context. Volume at 7689 contracts sharply against the 20-bar average of 35505—a 0.22 ratio that signals notably light participation at this firing bar. The setup presents upside momentum structure and price above key moving averages, yet the confluence of a fractured EMA stack and significantly diminished volume conviction creates an asymmetry between momentum indicators and participation, leaving the directional bias readable but lacking full-strength confirmation.

Setup context

MSS level: 30099.25
Displacement: 29876 → 30116.75
FVG: 30071.5 → 30092
Killzone: pm
Swept liquidity: pdh, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh, dl

Swing sequence

ITH@30162.5 → ITL@30055.5 → ITH@30357.25 → ITH@29994.75

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

Educational observation only. Not financial advice.