Class A ▲ detected in cash

Tue, May 12, 2026, 03:30 PM EDT

ICT perspective

Setup, swing context, displacement, killzone

▭ FVG▭ iFVG┄ MSS━ OB━ PWH/PWL▣ Swept

A Class A ▲ forms after PDL sweep at 7390.5, with displacement running 7363.25 to 7433.75. The bull FVG at 7410.5–7415.75 sits inside the upper half of displacement and remains unfilled; three iFVGs below it (at 7408.75–7412.75 and 7385.5–7390.5) were created during the downswing and now sit beneath price. The swing sequence shows ITH at 7421.25 following the ITL at 7402.25, establishing a higher low structure; price currently respects the MSS at 7421.25 as a containment level. Cash killzone context applies here. Multiple session liquidity sweeps (PDH, DH, Asian highs and lows, London structure) have already discharged, leaving the bull FVG as the primary unmitigated imbalance. A student would observe how the iFVGs below—particularly the 7385.5–7390.5 level—function as potential support zones if price retraces, while the unfilled bull FVG above represents asymmetric risk if displacement continues upward into the next session.

same setup, second lens

Traditional TA perspective

VWAP / EMA stack / RSI / MACD / Volume

━ VWAP━ EMA 20━ EMA 50┄ EMA 200·━ RSI(14)━ MACD━ Signal

Price sits 30 points above VWAP with the 20-EMA and 200-EMA both beneath current levels, though the 50-EMA trades slightly higher—a mixed stack suggesting transition rather than clean directional commitment. RSI at 63 indicates strong momentum without yet entering overbought territory, while MACD shows the line above its signal with a positive histogram of 5.27, confirming upside acceleration. Volume at 187,990 contracts registers 2.75× the 20-bar average, demonstrating substantial conviction behind the move. ATR at 13.66 reflects typical volatility for this timeframe. The combination of price holding above VWAP, RSI in the 60s, and MACD histogram expanding upward suggests momentum is intact, though the mixed EMA stack—particularly the 50-EMA sitting above price—warrants attention to whether the move sustains or encounters consolidation into higher levels.

Setup context

MSS level: 7421.25
Displacement: 7363.25 → 7433.75
FVG: 7410.5 → 7415.75
Killzone: cash
Swept liquidity: pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh

Swing sequence

ITH@7454.75 → ITL@7402.25 → ITH@7421.25 → ITH@7410

New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.

Educational observation only. Not financial advice.