← All signalsA Class A bearish structure forms after London's sweep of the 29125.25 low, with price currently testing the MSS level at 29115.25. The displacement spans 29112.5 to 29142, containing a primary FVG (29119.25–29123.75) that sits within the bear bias zone. Prior to this move, price cycled through an ITH at 29199.5 and ITL at 29118.25, then moved higher to 29190.5, setting up the conditions for the current decline.
Two iFVGs formed earlier in the sequence (29114–29118.25 and 29125.75–29126), both now sitting below current price action. The bear FVG at 29125.25–29126 and the primary bear FVG at 29119.25–29123.75 mark the displacement interior. Off-hours context compounds the lean: all major liquidity pools—PDH, PDL, Asian highs and lows, London highs and lows, and PM highs—have been swept. The setup presents a mature structural completion with confluent FVG placement and exhausted liquidity. A student here observes how consecutive ITL touches (29118.25 then 29115.25) can narrow the OTE region while maintaining the bearish premise through a compressed MSS. Price sits 35 points below VWAP with the EMA stack arranged bearishly—20, 50, and 200 all stacked lower to higher, anchoring resistance overhead. RSI at 36.5 reflects weak momentum in oversold territory, consistent with the downside posture. MACD shows the line at −7.36 sitting above the signal line at −7.81, with a positive histogram of 0.46—an early sign of momentum stabilization rather than fresh selling pressure. ATR at 11.64 reflects subdued volatility for the timeframe. Volume at 1427 contracts reads 1.42x the 20-bar average of 1006, indicating elevated participation at this level. The combination of weak RSI, positive histogram separation, and above-average volume suggests a moment where selling exhaustion may be forming, though price remains compressed below all three moving averages and VWAP, leaving the intermediate structure bearish.
Class A ▼ detected in off_hours
Fri, Oct 23, 2026, 06:00 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
- 29115.25
- Displacement
- 29112.5 → 29142
- FVG
- 29119.25 → 29123.75
- Killzone
- off_hours
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh
Swing sequence
ITH@29199.5 → ITL@29118.25 → ITL@29115.25 → ITH@29190.5
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.