Class A ▼ detected in pm_sb

Mon, Jun 8, 2026, 02:36 PM EDT

ICT perspective

Setup, swing context, displacement, killzone

▭ FVG▭ iFVG┄ MSS━ OB━ PWH/PWL▣ Swept

A Class ▼ displacement forms after the sweep of PM session liquidity at 29505.25, driving price down through 29588.75 MSS into a fresh FVG (29601.75–29606) created on the bear candle. The structure preceding this shows an ITH at 29611.5 rejected into an ITL at 29553.25, then a final ITH attempt that failed to reclaim previous highs—classic rejection setup. Price displaces lower into the 29581–29618 range, with the FVG now sitting just above the MSS, creating compression between resistance and the void. The PM session killzone is active, and the 60-minute bias remains bullish despite the 15-minute bear structure—a divergence worth noting. A student observing this might focus on whether the next candle(s) hold above the MSS or whether price sweeps below it to create a iFVG on the lower side; the integrity of that MSS level often precedes directional commitment in tight, liquidation-driven contexts like this one.

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 179 points above VWAP, establishing upside positioning, though the EMA stack is fragmented—the 20 EMA has rolled beneath price while the 50 and 200 remain supportive underneath. Momentum shows strain: RSI at 47.52 occupies neutral territory without conviction, and MACD presents a bearish cross with the line (5.24) trading below its signal (5.83) and histogram in negative territory (−0.59), suggesting momentum has begun to fade. ATR at 18.41 reflects moderate volatility typical for this instrument. Volume at the firing bar reached 2716 contracts against a 20-bar average of 2019—a 35% elevation indicating above-average participation on this move. The combination of positive price separation from VWAP offset by rolling momentum and a negative MACD histogram presents a picture of extended positioning meeting mechanical resistance.

Setup context

MSS level: 29588.75
Displacement: 29581.25 → 29618
FVG: 29601.75 → 29606
Killzone: pm_sb
Swept liquidity: asian_hi, asian_lo, london_hi, pm_hi

Swing sequence

ITL@29509.25 → ITH@29598.75 → ITH@29611.5 → ITL@29553.25

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

Educational observation only. Not financial advice.