Class A ▼ — MNQ1! 3m | Zero Mind Signals

A Class A ▼ forms after the sweep of PM liquidity at 29701.25, with price now trading into the displacement zone (29630.75–29738.75). The swing sequence shows ITL at 29582.5, followed by a recovery to ITH 29784.5, then collapse back through ITL at 29701.25—structure consistent with bearish intent. The MSS level sits at 29641, positioning near the lower bound of the displacement. Multiple FVGs nest within the descent: iFVGs at 29667.5–29685 and 29695.75–29707.75 formed during the initial pullback; subsequent bear FVGs at 29712.75, 29691.75, 29677.25, and the most recent at 29647.75–29651.25 stack downward as price continues lower. The bear FVG at 29647.75–29651.25 sits just above the MSS level and represents the freshest imbalance. Price now operates within the London session killzone. Observation: when multiple FVGs layer in a single displacement, each one unfilled becomes a secondary reference point for potential structural support; students should note how price often revisits these stacked imbalances before continuation rather than gapping through them cleanly.

Price sits 53 points below VWAP with the EMA 20 and 50 both trading beneath the 200, creating a mixed stack structure that lacks directional conviction. RSI is at 38.35, indicating weak momentum in the lower half of the range and distance from oversold extremes. MACD shows the line trading below its signal at 1.34 versus 10.59, with a negative histogram of −9.25, confirming momentum is lagging. Volume at 3008 contracts sits near the 20-bar average at 3351—a 0.90 ratio—suggesting average participation without pronounced conviction. ATR at 23.32 points reflects normal volatility for the timeframe. The confluence of price positioning below both intermediate and longer-term moving averages, combined with weak RSI and MACD compression below its signal line, frames a consolidation posture with limited momentum thrust in either direction at the bar.

Class A ▼ detected in london_sb

ICT perspective

Traditional TA perspective

Setup context