← All signalsA Class A bearish displacement formed after Asian high sweep at 29381.5, creating a fresh downswing from ITH 29463.25 into the current ITL zone. The move has already cleared multiple session lows—LONDON LO, PM LO, DL, and PDL all swept—establishing conviction in the directional bias. The bear FVG (29296.5–29355.5) sits within the displacement body and remains largely unmitigated; price is currently testing below it. Multiple iFVGs stack beneath—at 29268–29277, 29289.75–29310.25, and 29333–29371.75—creating a cascade of imbalance that aligns with the downward structure. Current price sits near the MSS level (29205), which marks a key institutional reference within the NYAM killzone. Observation: the density of unmitigated bullish iFVGs stacked below price presents a potential reversal zone if price does rotate back upward; students watching this structure should note how institutional sell-side liquidity (the swept highs and the FVG above current price) contrasts with buy-side imbalances below, and where price might seek balance on a corrective move. Price sits 96 points below VWAP with the EMA stack inverted—20, 50, and 200 all trading above current levels—signaling weak intermediate structure. RSI at 33.51 reflects oversold conditions typical of pullback extremes. MACD shows the line below signal at −32.71 versus −20.92, with negative histogram of −11.80, indicating momentum remains downside-tilted and has not yet crossed above signal. Volume at 23,692 registers 1.51× the 20-bar average, showing elevated participation on this move lower. ATR at 55.91 points reflects above-average volatility, consistent with directional expansion rather than consolidation. The combination of oversold RSI, inverted EMA structure, and VWAP rejection beneath price suggests the selling has conviction, though the RSI depth may signal near-term exhaustion in the immediate bars ahead. Momentum has not yet turned—MACD remains buried below signal—leaving the broader downtrend intact.
Class A ▼ detected in nyam
Thu, May 21, 2026, 08:45 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
- 29205
- Displacement
- 29185.75 → 29463.25
- FVG
- 29296.5 → 29355.5
- Killzone
- nyam
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dl
Swing sequence
ITH@29440 → ITL@29205 → ITH@29463.25 → ITH@29017
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.