← All signalsA Class A ▼ displacement forms after the sweep of the day high at 7486.5, with price now printing below the MSS level at 7461.25 in the PM session killzone. The swing sequence shows an ITH at 7467.5 followed by a fresh ITL structure, establishing a clear bearish continuation setup. Three nested FVGs sit tightly stacked in the 7465.75–7467.25 range—the most recent one (7465.75–7466) remains unfilled and sits just above current price action, marking the upper boundary of the displacement void. The HTF filter reads bearish on the 15 and 30-minute timeframes while the 60-minute holds bullish structure, creating a tension typical of intraday reversals near higher-timeframe support.
A student observing this should note how liquidation of nearly all session extremes—PDH, PDL, Asian Hi/Lo, London Hi/Lo, PM Hi, NWOG CE, DH, DL—into a single displacement creates an asymmetric vacuum. The MSS at 7461.25 acts as a pivot; a reversal higher would require recapture of the FVG stack, while continuation lower would seek the PWL at 7473 and the prior displacement bottom at 7458. Price trades 1.83 points below VWAP with the 20 and 50 EMAs both above current levels, while the 200 EMA sits marginally higher—a fragmented stack without clear directional conviction. RSI at 31.44 occupies weak territory, approaching oversold conditions without yet reaching extremes. MACD presents a bearish setup: the line at −3.14 remains below its signal at −2.18, and the histogram extends negative at −0.96, signaling downside momentum persistence rather than reversal. ATR at 4.68 reflects compressed volatility typical for this timeframe. Volume at 5783 contracts exceed the 20-bar average of 3120 by 85%, indicating material conviction behind the move. The combination of below-VWAP positioning, EMA stack disarray, weak RSI, and sustained negative MACD histogram suggests ongoing weakness, though the volume surge warrants monitoring for either capitulation or potential rejection of lower levels.
Class A ▼ detected in pm_sb
Fri, Jul 24, 2026, 02:18 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
- 7461.25
- Displacement
- 7458 → 7480.75
- FVG
- 7465.75 → 7466
- Killzone
- pm_sb
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, dh, dl
Swing sequence
ITH@7455.25 → ITL@7431.25 → ITL@7432.75 → ITH@7467.5
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.