← All signalsA Class A bearish displacement formed after the sweep of the Day High at 49562. The setup follows a sequence of ITH (49562) → ITL (49143/49142) → recent price action descending into off-hours. The displacement spans 49474–49571, containing multiple FVGs that sit nested within the move down.
Three bear FVGs stack in descending order: 49524–49529, 49508–49512, and 49494–49507. The lowest of these—49494–49507—sits at the displacement bottom, formed after price broke below the most recent ITL sweep at 49484 (marked as MSS). Two older iFVGs (49510–49525 and 49538–49551, both bullish) remain unmitigated above current price, representing potential liquidity resting above.
Liquidity has been swept aggressively: PDH, PDL, Asian hi/lo, London hi/lo, PM hi/lo, NWOG CE, and DH all taken out. The setup trades into off-hours killzone, where institutional participation typically thins. The student should observe how the stacked bear FVGs compress the displacement and where price might seek to reverse or accelerate—particularly whether it returns to fill the upper iFVGs or continues grinding lower into Asia. Price sits 13.78 points below VWAP with the EMA stack fragmented—20-period trades above price while the 50 and 200 remain below, signaling mixed directional conviction. RSI at 46.30 occupies neutral territory without momentum skew in either direction. MACD presents a bearish structure: the line at 9.86 trails the signal line at 20.15, and the histogram registers negative at −10.29, indicating weakening upside momentum or early momentum reversal. ATR at 26.66 points reflects typical volatility for this timeframe. Volume at 155 contracts sits 22% below the 20-bar average of 198, suggesting the firing bar carried below-average participation relative to recent activity. The confluence of below-VWAP price action, negative MACD histogram, neutral RSI, and below-average volume points to a consolidative or transitional setup where conviction on either side remains subdued.
Class A ▼ detected in off_hours
Wed, May 6, 2026, 01:30 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
- 49484
- Displacement
- 49474 → 49571
- FVG
- 49494 → 49507
- Killzone
- off_hours
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, dh
Swing sequence
ITH@49265 → ITL@49143 → ITL@49142 → ITH@49562
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.