Class A ▼ detected in london_open

Fri, Jun 12, 2026, 02:40 AM EDT

ICT perspective

Setup, swing context, displacement, killzone

▭ FVG▭ iFVG┄ MSS━ OB━ PWH/PWL▣ Swept

Silver has formed a Class ▼ after sweeping prior day high liquidity, currently seated within London Open killzone. The displacement spans 66.465–66.99, housing a bear FVG at 66.74–66.805 and a contained iFVG at 66.62–66.775 formed during the initial sweep phase. The swing structure shows ITH collapse from 68.105 through 67.91 down to ITL 66.555, followed by a deeper ITL probe to 62.885—a full liquidity raid across session highs and lows. The MSS level anchors at 66.575, sitting just below the primary FVG, marking structural support in the displacement. Multiple iFVGs populated the upper band before the bear FVG sealed; this layering reflects how the market built sell-side premium before executing the sweep lower. A student observing this would note how the bear FVG formed *after* the displacement already moved—a common pattern where imbalance fills lag the directional move, leaving them as potential resistance on mean-reversion probes rather than entry zones themselves.

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 0.66 points below VWAP at 66.56, with the EMA 20 and 50 both trading above current levels—a mixed stack that reflects neither sustained uptrend nor clean downtrend structure. The EMA 200 at 66.40 remains below price, offering longer-term support context. Momentum is notably weak: RSI at 33.84 signals oversold territory, while MACD shows the line below its signal at −0.09 with a negative histogram of −0.02, confirming downside pressure without conviction of reversal yet. ATR at 0.16 reflects modest volatility for the instrument. Volume at 173 contracts reads 1.11x the 20-bar average—slightly above normal but not exceptional—suggesting moderate participation at this level. The combination of oversold RSI, MACD line still below signal, and price discount to VWAP indicates the selling phase retains structural integrity, though the weak histogram magnitude and light volume expansion hint at potential consolidation rather than accelerating weakness.

Setup context

MSS level: 66.575
Displacement: 66.465 → 66.99
FVG: 66.74 → 66.805
Killzone: london_open
Swept liquidity: pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh, dl

Swing sequence

ITH@68.105 → ITH@67.91 → ITL@66.555 → ITL@62.885

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

Educational observation only. Not financial advice.