← All signalsA Class A bearish displacement forms after successive sweeps of Asian, London, and PM session highs—liquidating buy-side liquidity sequentially from 7517.5 through 7537.75. The displacement spans 7534 (top) to 7488.5 (bottom), with price now sitting near the lower bound following a sharp impulsive down move. An iFVG sits nested inside the displacement (7502.75–7509.5), created during the early pullback phase and now below current price. The MSS level prints at 7501, marking the swing low prior to the directional bias flip. Price currently trades in the PM session killzone, with bearish bias confirmed across the 15m, 30m, and 60m timeframes. The structural sequence—ITL at 7490.75, ITH at 7552.25, ITL at 7501, then ITL at 7473—reveals a lower-low formation after the high was swept. A student observing this might note how the iFVG, though created bullishly, sits *outside* the practical reach of immediate retracement; rebalancing into that zone would require price to recover meaningfully against current momentum, a useful tell for gauging true exhaustion versus temporary pullback structure. Price sits 26.84 points below VWAP with the EMA stack aligned bearish—20, 50, and 200 all stacked downward—confirming a downtrend structure. RSI at 36.47 signals weak momentum, well into oversold territory but not yet at extreme lows. MACD shows the line trading below its signal line with a negative histogram of −2.40, indicating momentum remains below zero without fresh bullish acceleration. ATR at 12.83 reflects moderate volatility for the timeframe. Volume at 34,755 registers 1.14 times the 20-bar average—above mean but not exceptional, suggesting participation is present but not expansive. The combination of price trading below all key moving averages, weak RSI, and MACD lagging below signal presents a downtrend posture without immediate reversal signals; the above-average volume does confirm conviction in the current direction without suggesting an impulsive exhaustion move.
Class A ▼ detected in pm_sb
Mon, Jul 20, 2026, 02:30 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
- 7501
- Displacement
- 7488.5 → 7534
- FVG
- 7508.5 → 7511
- Killzone
- pm_sb
- Swept liquidity
- asian_hi, london_hi, pm_hi
Swing sequence
ITL@7490.75 → ITH@7552.25 → ITL@7501 → ITL@7473
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.