← All signalsA Class A ▼ displacement formed after the sweep of the Daily Low at 49586, creating downward structure through 49504. The preceding swing sequence shows an ITH at 49845, ITL at 49488, a second ITL probe at 49538 (which became the MSS level), and final ITH at 49353—a clear continuation lower despite the retracement. Multiple iFVGs nested during the displacement: 49589–49604 and 49668–49670 both filled and held, while successive bear FVGs at 49657–49685, 49642–49651, and 49608–49631 printed into the break. The primary FVG at 49547–49565 sits unmitigated within the displacement zone and represents fair value for the induced directional move. Currently in the PM session's silverback (killzone), price sits below the NWOG CE sweep at 49474.5, with all major Asian, London, and PM liquidity swept into the lower structure. A student observing this setup should note how the MSS at 49538 functioned as both a probe level and subsequent support before the final displacement—when a prior resistance probe becomes a lower ITL, it often signals conviction into the next imbalance rather than a reversal. Price sits 31.57 points below VWAP with a fragmented EMA stack—the 20 and 50 remain above current levels while the 200 anchors below, signaling mixed directional conviction. RSI at 36.22 reflects weakness without yet approaching oversold territory, while MACD shows the line trading 14.14 points below its signal with a negative histogram, indicating downside momentum without immediate reversal signal. ATR at 47.71 points represents typical volatility for this instrument, and the firing bar's volume of 558 contracts sits 26% above the 20-bar average, suggesting conviction behind the recent directional move. The combination of price below VWAP, weak RSI, and separated MACD elements points to a consolidation phase with bearish lean, though the elevated volume reading adds weight to whatever directional intent emerges next.
Class A ▼ detected in pm_sb
Mon, May 18, 2026, 02:15 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
- 49538
- Displacement
- 49504 → 49704
- FVG
- 49547 → 49565
- Killzone
- pm_sb
- Swept liquidity
- asian_hi, asian_lo, london_hi, pm_hi, nwog_ce, dl
Swing sequence
ITH@49845 → ITL@49488 → ITL@49538 → ITH@49353
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.