← All signalsA Class A▼ displacement forms after sweep of the day-high at 29050.25, which itself capped a sequence spanning the London and Asian session highs. The swing context shows a prior ITH at 29192.5 followed by an ITL print at 28873.25—the MSS level. Price then descended into a fresh ITL at 28408.25 before the current displacement bottom at 28858.75, creating a lower-low structure within the bear bias across all HTF timeframes.
The primary FVG (28949–28956.5) sits within the displacement zone and formed during the final push lower, now resting above the displacement bottom. An iFVG at 28888.5–28898 lies nested lower within the same displacement. The PM session killzone captured the final leg of the sweep sequence; the market has already cleared multiple session highs in methodical fashion. A student watching this structure would observe how the MSS level at 28873.25 now functions as a reference—whether it holds as a floor for continuation or breaks to affirm the ITL at 28408.25 becomes the next logical institutional decision point. Displacement magnitude and FVG placement suggest further probing downward remains on the table. Price sits 116 points below VWAP and trades beneath a mixed EMA stack—the 20 and 50 compressed near 28,965 while the 200 sits higher at 29,016. This layering reflects near-term weakness against the intermediate trend. RSI at 40.72 signals subdued momentum, neither oversold nor rebounding with force. MACD line trades 15 points below its signal with a negative histogram of similar magnitude, indicating downside momentum without acceleration. Volume at 10,149 contracts to 78% of the 20-bar average, suggesting conviction has ebbed compared to recent activity. ATR near 80 points reflects moderate volatility for the timeframe. The composite setup presents price pressured below its key moving averages and trend-following indicators, though the absence of extreme RSI penetration and below-average volume leaves room for consolidation before any directional commitment clarifies.
Class A ▼ detected in pm_sb
Mon, Jul 20, 2026, 02:30 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
- 28873.25
- Displacement
- 28858.75 → 29119
- FVG
- 28949 → 28956.5
- Killzone
- pm_sb
- Swept liquidity
- asian_hi, london_hi, pm_hi, dh
Swing sequence
ITL@28766 → ITH@29192.5 → ITL@28873.25 → ITL@28408.25
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.