← All signalsA bear Class A ▼ forms after the Asian hi sweep at 29337, with price creating an ITH at 29173 before displacing lower to 29158.25. The swing sequence shows compression between the 29364.75 ITH and the 29025.75 ITL, followed by two ITHs at 29173 and 29119—both lower, confirming bearish structure. A bear FVG sits at 29271.25–29280.75, created during the displacement phase and currently unfilled; an iFVG (29245–29291.75) sits above it from the earlier bullish rejection. The MSS level anchors at 29172.75. Price presently occupies the cash killzone after sweeping London and Asian liquidity (hi and lo), along with PM and NDOG reference points. A trader watching this setup might observe that the bear FVG remains a potential draw-fill target on any bounce, while the proximity to the MSS and the density of swept session liquidity suggests the structure is conditioning for continuation lower, contingent on holding below the ITH cluster. Price sits 55 points below VWAP with the EMA 20 and 50 both overhead, while the 200 remains below—a layered resistance structure in a mixed stack that reflects directional uncertainty. RSI at 40.39 signals weak momentum, neither oversold nor in conviction territory. MACD presents a bearish configuration: the line at 3.02 trades substantially below the 19.35 signal level, generating a negative histogram of –16.33 that suggests momentum is fading rather than building. ATR at 50.64 points reflects elevated volatility relative to the session average. Volume at the firing bar reaches 20,928 contracts—a 2.42x ratio above the 20-bar mean—indicating substantial participation, though without corresponding momentum recovery in RSI or MACD, the volume expansion appears to accompany consolidation or distribution rather than a bullish thrust. The combination of above-average volume, depressed momentum indicators, and price below both the short-term EMA average and VWAP suggests an environment where sellers remain engaged.
Class A ▼ detected in cash
Wed, Jul 22, 2026, 03:45 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
- 29172.75
- Displacement
- 29158.25 → 29342.25
- FVG
- 29271.25 → 29280.75
- Killzone
- cash
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh
Swing sequence
ITH@29364.75 → ITL@29025.75 → ITH@29173 → ITH@29119
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.