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▲ BULL·MNQ1!·
1m
·DAY TRADER

Class A detected in cash

Mon, Jun 8, 2026, 01:28 PM EDT

ICT perspective

Setup, swing context, displacement, killzone

FVG iFVG MSS OB PWH/PWL Swept
A bullish Class A displacement forms after the sweep of PM highs at 29505.25, extending to 29580.25 with an internal FVG (29529.25–29538.25) created during the displacement phase. The structure sits within a four-candle swing sequence showing ITH at 29743, followed by ITL at 29553.25 and a subsequent ITH at 29631—establishing a lower high context relative to the initial ITH. The most recent bull FVG (29540.25–29546) occupies the upper portion of the displacement and remains unmarked, sitting just below the MSS level at 29556.5. Price currently trades in the cash killzone, with the 60-minute bias confirming bull structure despite bearish pressure on the 15-minute frame. Multiple iFVGs below (29508.75–29527.5 range) represent mitigation zones from the early displacement decay. A student observing this setup would note how the progression of internal FVGs—layered from lower to higher within the displacement—maps the absorption of selling pressure and offers a textbook view of how Class A displacements mature when sweeping liquidity precedes them.
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 trades 187 points above VWAP with the 20-EMA above the 50 and 200, though the 50 sits marginally above the 200, creating a soft stack rather than a clean uptrend alignment. RSI at 61.65 shows momentum in the upper range without overbought extremes, suggesting room for continuation. MACD line sits 8.41 points above its signal with a positive histogram, confirming upside momentum persistence. Volume registers 1.42× the 20-bar average at the firing bar, indicating above-average conviction on this move. ATR at 23.44 reflects standard volatility for this instrument. The combination of price holding well above VWAP, a positively sloped MACD histogram, elevated RSI without extreme extension, and volume support presents an environment where momentum appears intact, though the mixed EMA stack warns that conditions lack the sharpest structural alignment.

Setup context

MSS level
29556.5
Displacement
29486 → 29580.25
FVG
29540.25 → 29546
Killzone
cash
Swept liquidity
asian_hi, asian_lo, london_hi, pm_hi
Swing sequence
ITH@29693 → ITL@29553.25 → ITH@29631 → ITH@29743

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

Educational observation only. Not financial advice.