Class A ▼ detected in london

Thu, May 28, 2026, 07:00 AM EDT

ICT perspective

Setup, swing context, displacement, killzone

▭ FVG▭ iFVG┄ MSS━ OB━ PWH/PWL▣ Swept

A Class A▼ forms after the sweep of PDL, PM LO, and DL liquidity below the most recent ITL at 29743. The displacement spans 29862.5–29998.75, with the bear FVG (29906.75–29909.75) nested inside and recently fulfilled. Three iFVGs printed during the bullish retracement (29886–29902.5, 29911–29914.25, 29913–29938.5), each sitting above the current displacement low, creating a layered mitigation structure. The MSS at 29880.25 anchors the bearish bias across the London killzone, where the most recent sweep activity concluded. All higher timeframes (15m, 30m, 60m) filter bear, reinforcing directional conviction. A student observing this setup should note how multiple iFVGs above the displacement low act as resistance zones during any retracement—price failing to close above the upper iFVG band signals continued downside compression, whereas a clean breach and hold above 29938.5 would invalidate the immediate bearish structure and suggest liquidity migration higher.

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 62 points below VWAP with the EMA stack bearishly aligned—20, 50, and 200 all stacked in descending order and price trading beneath all three, confirming downtrend structure. RSI at 37.48 indicates weak momentum, well into oversold territory without conviction for reversal. MACD line at −6.16 trades below its signal line at 1.44, with histogram at −7.60 reflecting negative momentum expansion rather than compression, suggesting sustained selling pressure. ATR at 38.46 points represents elevated volatility relative to recent context, consistent with the directional move lower. Volume at 12,099 contracts shows a 1.44× ratio above the 20-bar average of 8,389, indicating above-average participation in the downside action. The combination of weak RSI, negative MACD histogram expansion, and elevated volume on the decline presents a cohesive bearish momentum picture, with price remaining anchored below all three key moving averages and VWAP.

Setup context

MSS level: 29880.25
Displacement: 29862.5 → 29998.75
FVG: 29906.75 → 29909.75
Killzone: london
Swept liquidity: pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh, dl

Swing sequence

ITH@30357.25 → ITL@29876 → ITH@30137.5 → ITL@29743

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

Educational observation only. Not financial advice.