← All signalsMNQ has compressed into a Class A bear displacement (29212.25 → 29112.75) after sweeping NDOG CE, PDL, and PM LO liquidity in the Asian killzone. The swing sequence shows ITH formation at 29198.5, followed by a drop to ITL at 29041.75—a clean impulsive structure. Inside the displacement, multiple iFVGs formed during the upswing (29143.5–29195.25 range), then four consecutive bear FVGs stacked as price descended: 29191.25–29200.5, 29165.5–29176, 29147.5–29150, and the base FVG at 29130.5–29137.75. The MSS level sits at 29129.5, just below the final FVG. HTF bias (60m) remains bullish despite the 1m bearish displacement, creating asymmetry between timeframes. Price now sits near the bottom of the displacement with all four base FVGs in view. A student observing this should note the stacking pattern of bear FVGs—each successive displacement candle creates fresh unfilled volume—and how the MSS serves as the equilibrium reference when directional clarity fractures between timeframe biases. Price sits marginally above VWAP at 29122.75, though the EMA stack remains inverted—20, 50, and 200 all trading above current levels—signaling structural weakness in the near and intermediate trend. RSI at 35 reflects depressed momentum, deep in oversold territory without conviction. MACD presents a bearish configuration: the line sits below signal at −5.00 versus 3.27, with histogram printing −8.27, confirming downside momentum persists. ATR at 17.40 marks average volatility for the timeframe, suggesting measured price movement rather than expansion. Volume at 3007 registers 1.62× the 20-bar average, indicating above-normal participation at the firing bar—a material uptick that carries weight despite the directional weakness. The composite picture reads as suppressed momentum meeting elevated participation: price floats above VWAP but beneath all key moving averages, momentum indicators favor sellers, and volume stamps conviction onto that bearish lean.
Class A ▼ detected in asian
Thu, Oct 22, 2026, 09:56 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
- 29129.5
- Displacement
- 29112.75 → 29212.25
- FVG
- 29130.5 → 29137.75
- Killzone
- asian
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh
Swing sequence
ITH@29136.25 → ITH@29198.5 → ITH@29197.5 → ITL@29041.75
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.