← All signalsA Class ▼ displacement forms after the sweep of Asian high (7739.25) and subsequent rejection into the PM killzone. The downward structure carries from ITH 7730.75 through a series of lower ITLs—7710.25 then 7702.75—establishing bear bias across the 15/30/60min timeframes. The displacement spans 7755.5 to 7723.75, with a fresh bear FVG (7727.5–7729.25) created at the terminal end of the move, sitting just above the current price action around 7722–7723.
Multiple iFVGs stacked during the bullish phase (7728.75 to 7748) now lie in the upper half of the displacement as unmitigated imbalance. The MSS at 7725.25 anchors the sweep structure. Price currently consolidates in the PM session killzone, where London and Asian liquidity (both high and low) have been cleared. The bear FVG at 7727.5–7729.25 represents the most recent imbalance; students should observe whether subsequent upside moves respect this level as resistance or whether it refills—a tell for continuation or potential reversal structure forming. Price sits 4.35 points below VWAP at 7724.50, with the EMA stack inverted—20, 50, and 200 all stacked above price in a bearish configuration. RSI at 30.53 signals weak momentum in oversold territory, reinforcing the downside pressure. MACD remains negative, with the line at −4.39 trading below the signal at −2.50 and histogram extending lower at −1.88, confirming momentum has not yet stabilized. ATR at 4.71 reflects typical volatility for this timeframe, suggesting the current price action is within normal range. Volume at the bar registers 1.02 times the 20-bar average—marginally above average, indicating participation without exceptional conviction. The combination of price below VWAP, an inverted EMA stack, deeply oversold RSI, and negative MACD alignment presents a coherent bearish posture, though average volume suggests consolidation rather than an aggressive breakdown move.
Class A ▼ detected in pm_sb
Thu, Aug 27, 2026, 02:50 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
- 7725.25
- Displacement
- 7723.75 → 7755.5
- FVG
- 7727.5 → 7729.25
- Killzone
- pm_sb
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh, dl
Swing sequence
ITH@7729.75 → ITL@7710.25 → ITL@7702.75 → ITH@7730.75
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.