← All signalsA Class A bearish displacement forms after the sweep of the PM low at 29893.5, with the structure ranging from 29840 to 29963.5. The bear move follows an intraday sequence that bottomed at 29396.5 (ITL), rallied into 29993.5 (ITH), then compressed into 29580.75 (ITH) before this final displacement lower. Multiple liquidity pools have been cleared in this sequence—PDH, PDL, Asian and London extremes, PM lows, and both daily and weekly OTE levels, indicating systematic displacement through key session killzones.
Three iFVGs sit nested within the recent upside structure (29877–29881.5, 29884.75–29902, and 29916.25–29940.25), all now above price. The active bearish FVG (29886.5–29906.25) formed during the most recent compression and sits just above the current print, defining the immediate imbalance. The MSS level anchors at 29854.25, with a bear bias confirmed across 15m, 30m, and 60m timeframes. Price currently sits in off-hours, having already swept significant institutional levels. A student of this structure should observe how nested iFVGs—especially when stacked in a tight range—often act as resistance poles during subsequent reversals or consolidations, particularly when the larger displacement has already cleared its primary liquidity targets. Price sits 45 points below VWAP with the EMA 20 and 50 both overhead, while the 200-period EMA provides support from below—a mixed layering that reflects consolidation rather than directional conviction. RSI at 37 indicates weak momentum in oversold territory, and MACD confirms hesitation with the line trading below its signal at −7.15 versus 0.48, a negative histogram of −7.63 showing persistent bearish divergence. ATR at 34.36 points reflects moderate volatility typical for this timeframe, neither compressed nor expanded. Volume at 1184 contracts to 87% of the 20-bar average, suggesting below-average participation at the firing bar—a lack of conviction in either direction. The technical posture combines subdued momentum, resistance from the intermediate EMA pair, and soft volume, leaving price caught between support from the 200 and overhead resistance at VWAP and the short-term moving average cluster.
Class A ▼ detected in off_hours
Fri, Jul 10, 2026, 01:45 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
- 29854.25
- Displacement
- 29840 → 29963.5
- FVG
- 29886.5 → 29906.25
- Killzone
- off_hours
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh, dl
Swing sequence
ITL@29396.5 → ITL@29614.5 → ITH@29993.5 → ITH@29580.75
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.