← All signalsA Class A ▼ formed after the PDH sweep at 2794.2 during US session, with price breaking below the ITL at 2753.9 into a fresh displacement lower (2809–2824). The prior structure presented a textbook MSS setup: London and PM highs swept sequentially, followed by Asian and PM lows swept into the overnight, establishing bearish momentum into the open. The bear MSS line sits at 2812.2, anchoring the recent displacement top.
Two iFVGs now sit nested within the displacement—one 2816.5–2818.2 and another 2817.8–2818.6—both bullish fills that formed during the downward move. These remain unmitigated and reside between the MSS and the current price action in off-hours. A student watching this structure would note the density of swept liquidity across all four major sessions (Asian/London/PM highs and lows) preceding this move; when multiple session structures clear in sequence before a displacement, the subsequent iFVGs often function as rebalancing zones rather than reversal pivots. The 60-minute bias filters bullish, yet the 15 and 30-minute frames remain bearish—a divergence worth observing as price consolidates. Price sits 2.83 points below VWAP at 2810.00, with the EMA 20 and 50 both above current levels, though the 200 remains lower, creating a mixed EMA stack that lacks clear directional conviction. RSI at 32.11 signals weakness without deep oversold territory, while MACD shows the line at 0.14 trading below its signal at 1.21 with a negative histogram of −1.07, reflecting momentum that has rolled over but not collapsed. ATR at 2.88 points reflects subdued volatility typical for this timeframe. Volume at 723 shares runs marginally above the 20-bar average at 1.06 ratio — present but not exceptional. The structure reads as consolidative repricing: price below its short-term anchors (VWAP, 20/50 EMA) with deteriorating momentum indicators, yet neither RSI nor ATR signals an extreme condition. The mixed EMA stack and modest volume suggest neither conviction nor capitulation; the setup sits in a transition phase.
Class A ▼ detected in off_hours
Wed, May 20, 2026, 06:05 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
- 2812.2
- Displacement
- 2809 → 2824
- FVG
- 2817.8 → 2818.2
- Killzone
- off_hours
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh, dl
Swing sequence
ITL@2769.7 → ITH@2821.8 → ITH@2817.5 → ITL@2753.9
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.