← All signalsA Class A bearish displacement formed after the sweep of Asian high, PDH, and PM high liquidity in the cash killzone. The move down from 29707.5 struck through the PM low at 29526.5, creating a fresh ITL at 29510.75 beneath a prior ITH structure. The larger displacement spans 29811.75 to 29464.5—a 347-point range—within which sits a bear FVG (29592.25 to 29662.25) that formed during the initial descent and now rests above the current ITL. An iFVG (29675.75 to 29725) developed earlier but sits higher in the displacement. Multiple session liquidity sweeps—Asian lo, London hi, London lo, DH, and PM structures—confirm aggressive institutional participation in the bearish direction. The bear FVG at 29592–29662 presents as an intermediate reference point; a student observing this setup should note how the FVG sits *above* the displacement low, creating a potential rebalance target if the structure stalls, yet the MSS at 29532.25 anchors the lower boundary of the current institutional order flow. Price closes 152 points below VWAP while the EMA stack remains compressed, with all three key moving averages clustered within 90 points of each other and below the 200-bar level—a weak posture lacking clear directional definition. RSI at 38 sits in oversold territory, signaling momentum exhaustion, while MACD trades deeply underwater with the line 19 points below signal and histogram expanding negative, reflecting sustained selling pressure. ATR at 76 marks elevated volatility relative to the session average, indicating material directional risk at this juncture. Volume at 103,804 reads 39% above the 20-bar mean, confirming that the downside move carried conviction. The combination of depressed momentum, price displacement below key averages, and negative MACD expansion alongside above-average volume suggests the selloff has structural backing rather than light participation, though RSI's extreme reading leaves room for mean-reversion probing.
Class A ▼ detected in cash
Fri, Aug 28, 2026, 12:15 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
- 29532.25
- Displacement
- 29464.5 → 29811.75
- FVG
- 29592.25 → 29662.25
- Killzone
- cash
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh, dl
Swing sequence
ITL@29510.75 → ITH@29707.5 → ITH@29707.25 → ITH@29655.75
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.