← All signalsA Class ▼ displacement forms after the sweep of Asian Hi (7808) into the London Lo (7793.25), establishing a downward impulse from 7809.5 to 7744.5. The prior swing sequence built a higher high at 7897.5 (PWH) then contracted into 7834.5 (ITL), setting structural tension into the Asian session. Price displaced lower, sweeping both the London Lo and Asian Lo (7774.75 / MSS level) in sequence—a textbook dual-liquidity harvest before the London-New York transition.
A bear FVG sits at 7796.5–7798 within the displacement, now resting above the swept Asian Lo and the MSS anchor. An iFVG lower (7749.75–7764.75) marks institutional buy-side liquidity from earlier structure. The current killzone is NYAM; price has already cycled through London and Asian session sweeps. A student watching this setup should observe how the FVG at 7796.5–7798—born from the initial downward candle—sits as a potential liquidity barrier if upside recapture occurs, while the MSS level 7774.75 now functions as a session structural floor after its sweep. Price sits 37 points below VWAP with all three major EMAs stacked bearishly above—20, 50, and 200 in descending order—establishing a downtrend posture. RSI at 32.22 signals weakness without oversold extremity, leaving room for further descent. MACD line trades below its signal line with a negative histogram of −4.57 points, confirming bearish momentum without divergence signals yet present. ATR at 16.74 reflects moderate volatility typical for this timeframe. Volume at the firing bar registers 252,115 contracts—a 4x expansion over the 20-bar average of 62,952—indicating substantial conviction behind the current move. The combination of downtrend stack alignment, depressed RSI, negative MACD histogram, and heavy volume expansion points to a coordinated bearish structure, though RSI remains above 30, leaving technical room for continuation or temporary consolidation before testing lower support levels.
Class A ▼ detected in nyam
Fri, Oct 16, 2026, 11:00 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
- 7774.75
- Displacement
- 7744.5 → 7809.5
- FVG
- 7796.5 → 7798
- Killzone
- nyam
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh, dl
Swing sequence
ITH@7864 → ITL@7834.5 → ITH@7879.75 → ITH@7897.5
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.