← All signalsA Class A bearish displacement formed after successive sweeps of PM and London session highs. The setup presents after price cleared through 28,800 (PM HI, PDH swept) into the top of the range near 28,944.75, then reversed sharply lower. The MSS sits at 28,690.25, anchoring recent downward structure. A bearish FVG (28,713.5–28,772.75) now sits within the displacement and has partially filled; two iFVGs above it (28,727.75 and 28,760.75) remain unmitigated, sitting above current price action.
This setup sits in the PM/LONDON killzone—a high-probability inversion window. The sweep sequence (ASIAN HI → PDH → PM HI → LONDON HI) exhausted upside liquidity and triggered a 200+ point reversal. Price now orbits the MSS level with the unmitigated iFVGs functioning as potential resistance rails on any intraday retest. A student watching this structure should note how the displacement *amplitude* (roughly 390 points) and the *timing* of the sweep cluster during high-liquidity sessions determine conviction—larger displacements off session liquidity sweeps typically precede deeper reversals than smaller, choppy moves. Price sits 99 points below VWAP with the EMA stack mixed—20 and 50 compressed while the 200 anchors support from below. RSI at 47.93 remains neutral, offering no directional conviction, while MACD displays bearish structure: the line at 54.85 trades below its signal at 80.59 with histogram deeply negative at −25.73. Volume at 63,601 contracts registers 2.30x the 20-bar average, indicating substantial participation at the bar. ATR at 94.76 reflects elevated volatility relative to recent ranges. The setup presents a confluence of hesitation—price below VWAP, momentum oscillators showing weakness, and the EMA configuration offering neither clear bullish alignment nor decisive breakdown structure. The heavy volume coupled with negative MACD momentum suggests conviction behind the move lower, though RSI's neutral positioning stops short of deep oversold territory. The 200-EMA at 27,858 remains a structural reference point anchoring the broader uptrend.
Class A ▼ detected in pm_sb
Thu, May 7, 2026, 02:00 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
- 28690.25
- Displacement
- 28552 → 28944.75
- FVG
- 28713.5 → 28772.75
- Killzone
- pm_sb
- Swept liquidity
- pdh, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh, dl
Swing sequence
ITL@27163.25 → ITH@27965.75 → ITL@27613 → ITH@27512
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.