Class A ▼ detected in off_hours

Fri, May 15, 2026, 01:00 AM EDT

ICT perspective

Setup, swing context, displacement, killzone

▭ FVG▭ iFVG┄ MSS━ OB━ PWH/PWL▣ Swept

A Class A ▼ displacement forms after the sweep of the Asian Hi at 29693.5, with price now below the MSS level at 29448.25 in off-hours. The prior swing sequence shows an ITH at 29693.5 followed by a collapse to ITL at 29448.25, then a fresh descent to 28542—a structural break below the previous ITL at 28741.25. Two bear FVGs sit within this displacement: the upper FVG (29598.5–29637) now sits above price, while the lower FVG (29464.25–29531.5) straddles the MSS and remains partially unfilled. The most recent candle action suggests the market has swept through multiple session lows (PM Lo, Asian Lo most recently) and continues to probe lower in the off-hours killzone. What a student might observe here: the sequence of NDOG/NWOG sweep activity followed by persistent lower ITLs often precedes a search for fresh liquidity below structural support—watch whether the next London open respects or violates the 29448.25 MSS line as a matter of directional bias confirmation.

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 266 points below VWAP at 29281, with the 20 and 50 EMAs above price but the 200 EMA still supporting from below—a mixed stack reflecting directional uncertainty. RSI at 30.69 indicates weak momentum in oversold territory. MACD presents a decisive bearish alignment: the line at −12.34 trades well below the signal at 33.77, with histogram deeply negative at −46.11, showing sustained downside momentum without recovery into zero. Volume at 74891 contracts to 67% of the 20-bar average, suggesting light participation in the current move. ATR at 107.10 reflects typical volatility for this timeframe. The combination of price below both near-term EMAs and VWAP, oversold RSI, and a persistently negative MACD histogram composes a consolidation setup with weak intermediate momentum and suppressed volume—a state where conviction to move in either direction remains muted.

Setup context

MSS level: 29448.25
Displacement: 29280 → 29783.75
FVG: 29464.25 → 29531.5
Killzone: off_hours
Swept liquidity: pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, dl

Swing sequence

ITL@28741.25 → ITH@29693.5 → ITL@29448.25 → ITL@28542

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

Educational observation only. Not financial advice.