Class A ▲ detected in cash

Tue, Jun 9, 2026, 11:42 AM EDT

ICT perspective

Setup, swing context, displacement, killzone

▭ FVG▭ iFVG┄ MSS━ OB━ PWH/PWL▣ Swept

A bull Class A displacement forms after PDL sweep at 28821, with price rallying into the 28944.25 ceiling. The FVG (28855.25–28863.5) sits inside this displacement—created during the Asian session low sweep sequence—and remains unmitigated. The iFVG (28903–28932.25) above it marks bearish structure that formed during the initial bounce. The MSS at 28913 anchors the bull structure; price now oscillates between the FVG base and prior ITH at 29143, with the cash killzone active. All major session liquidity has been swept—PDH, PDL, Asian highs and lows, London structure, London lows—establishing a clean slate for directional commitment. The setup presents an educational moment: when displacement occurs into a compression zone with multiple FVGs unmitigated and HTF bias persistently bearish (60m), watch whether price can maintain above the MSS or recedes into the FVG for fill. The absence of fresh session liquidity overhead constrains upside authority.

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 508 points below VWAP while the EMA 20 prints above current levels, yet the 50 and 200 remain above price—a mixed stack structure reflecting neither clear uptrend nor breakdown. RSI at 47 registers neutral territory with no overbought or oversold tension. MACD shows the line trading above its signal line with a positive 17-point histogram, indicating early bullish momentum alignment, though both line and signal remain in negative absolute territory, suggesting the move lacks conviction depth. ATR at 49.66 reflects typical volatility for the timeframe. Volume at 9580 contracts relative to the 20-bar average of 11151, sitting at a 0.86 ratio—participation below average, suggesting the firing bar lacks strong institutional confirmation. The composite picture is one of tentative upside momentum against overhead structure resistance and below-average volume conviction, with price gapped down from VWAP.

Setup context

MSS level: 28913
Displacement: 28811.5 → 28944.25
FVG: 28855.25 → 28863.5
Killzone: cash
Swept liquidity: pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh, dl

Swing sequence

ITL@29083.75 → ITH@29257 → ITL@29143 → ITH@29847

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

Educational observation only. Not financial advice.