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▼ BEAR·MNQ1!·
30m
·DAY TRADER

Class A detected in nyam

Fri, Jul 24, 2026, 09:00 AM EDT

ICT perspective

Setup, swing context, displacement, killzone

FVG iFVG MSS OB PWH/PWL Swept
A Class A ▼ displacement formed after London session swept the hi at 28663.5, dropping into a fresh bearish FVG (28616–28625) that now sits unmitigated. The swing sequence shows price compressed between an ITL of 28466.25 and an ITH of 28782, with the most recent ITL at 28961.25 marking a failed upside probe. This downward displacement (28705.75 to 28538) reveals the market rejected higher prices and folded back into structure. Two iFVGs (28561–28610 and 28649.5–28662.75) were created during the move and now sit in the displacement, with the upper iFVG near the London hi sweep. The fresh bearish FVG at 28616–28625 presents as an unmet order block; price has broken below it, leaving it exposed for a potential mean-reversion fill or mitigation on a corrective bounce. NYAM killzone is active. The MSS level at 28557 anchors the lower boundary of current structure. A student observing this setup would note how sequential sweeps of session liquidity (NDOG, PM, London) compressed into a single directional displacement—a hallmark of conviction bearish structure before rollover or deeper institutional order placement.
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 78 points below VWAP with the EMA stack bearishly arranged—20, 50, and 200 progressively higher—confirming downtrend structure. RSI at 40.48 registers weak momentum, neither oversold nor recovering decisively. MACD shows the line above its signal line with a positive 1.04 histogram, suggesting early momentum arrest or minor bullish divergence within the downtrend, though both lines remain negative in absolute terms. Volume at 53,624 contracts—double the 20-bar average of 26,361—indicates conviction behind the current bar's action. ATR at 72.81 points reflects elevated volatility typical of trending conditions. The combination of price below all major moving averages, weak RSI, and negative MACD absolute values maintains bearish posture, while the histogram inflection hints at potential consolidation or minor retracement before trend continuation.

Setup context

MSS level
28557
Displacement
28538 → 28705.75
FVG
28616 → 28625
Killzone
nyam
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@28432.5 → ITH@28782 → ITL@28466.25 → ITL@28961.25

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

Educational observation only. Not financial advice.