← All signalsA bearish Class A displacement forms after the London session sweep of the high at 31350, with price driving lower through the PDL at 31144.25 and establishing a bottom near 30965.5. The swing sequence leading into this shows an ITH at 31496 followed by a sharp impulsive decline—textbook displacement structure. Within the downward move, multiple iFVGs sit unmitigated: the 31021.25–31044 and 31059.75–31140 zones both reside in the lower portion of the displacement and remain unfilled. A fresh bearish FVG formed during London's opening hours at 31273–31291.25, which now sits above price, representing premium liquidity displaced during the lower move. The cash killzone is active; all major session liquidity (PDH, PDL, Asian highs and lows, London highs and lows) has been swept in sequence. The MSS at 31157 represents the structural midpoint of the recent impulsive range. One instructive observation: notice how the iFVGs within a displacement often fail to fill until price revisits them on a subsequent impulse or retracement—students should track whether price reclaims the 31140 or 31044 zones on a rally, or if it drives further into virgin territory below the current low, leaving those iFVGs dormant longer. Price sits 247 points below VWAP with the EMA stack bearishly aligned—20, 50, and 200 all stacked in descending order and price trading beneath all three. RSI at 30.33 reflects weak momentum, while MACD remains in negative territory with the line at −24.05 sitting below its signal at −8.76 and the histogram at −15.29 showing no uptick. Volume at 190,686 contracts registers 2.61× the 20-bar average, signaling material conviction behind the move. ATR at 70.70 points indicates elevated volatility relative to the instrument's typical range. The confluence of price below all major moving averages, a bearish EMA stack, depressed RSI, and a MACD line still below signal despite the negative histogram narrowing slightly, paired with heavy volume, reflects continued downside momentum without yet showing technical signs of reversal consolidation.
Class A ▼ detected in cash
Thu, Oct 8, 2026, 12:45 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
- 31157
- Displacement
- 30965.5 → 31370
- FVG
- 31273 → 31291.25
- Killzone
- cash
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh
Swing sequence
ITH@31295 → ITL@31119.5 → ITL@31157 → ITH@31496
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.