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▲ BULL·MNQ1!·
30m
·DAY TRADER

Class A detected in cash

Tue, Jul 28, 2026, 11:30 AM EDT

ICT perspective

Setup, swing context, displacement, killzone

FVG iFVG MSS OB PWH/PWL Swept
MNQ1! forms a bullish Class A displacement after London session sweeps of the London Low at 27839.25, following prior session liquidation across PDL, Asian lows, and PM lows. The swing sequence establishes ITH at 28763.75 into ITL at 27938.5, then ITH recovery to 28255 and extension to 28782—price currently sits near the MSS at 28034. A bullish FVG (27892.5 to 27948.75) sits within the displacement and remains unfilled; an iFVG (27793 to 27937.75) formed earlier in the session. The cash killzone presents into this structure. Liquidity sweep across multiple session lows and the NDOG/NWOG complex reveals aggressive institutional buy-side accumulation. Students should observe: when a bullish displacement forms after a clean sweep sequence and the FVG nests _within_ the displacement range rather than above it, the structure often telegraphs whether the next impulse will use that FVG as support for continuation or as a rejection zone. The proximity of price to the MSS at the time of analysis illustrates how mechanical sweep cycles precede directional commitment.
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 157 points above VWAP, with the 20-EMA above current levels and the 50-EMA below—indicating a mixed but near-term bullish tilt. The longer-term 200-EMA remains elevated above price, reflecting overhead resistance. RSI at 55 shows neutral-to-strong momentum without overbought extremes, leaving room for continuation. MACD line sits above its signal line with positive histogram expansion of 13.64, confirming momentum assertion. Volume at 123,370 is elevated relative to the 20-bar average of 78,617—a 1.57x ratio—suggesting conviction behind the bar. ATR at 123 points reflects typical intraday volatility for this instrument. Together, the indicators present a setup where near-term momentum is building on above-average participation, though the EMA stack's mixed orientation and overhead 200-EMA suggest caution regarding sustained directional persistence.

Setup context

MSS level
28034
Displacement
27603.25 → 28062.75
FVG
27892.5 → 27948.75
Killzone
cash
Swept liquidity
pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_lo, nwog_ce, ndog_ce, dl
Swing sequence
ITH@28763.75 → ITL@27938.5 → ITH@28255 → ITH@28782

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

Educational observation only. Not financial advice.