← All signalsAfter sweeping PM_LO (29468) and London_LO (29477.75), a Class A bearish displacement forms into the pm_sb killzone. The swing sequence confirms a double ITL structure—first ITL at 29549.5, then a lower ITL at 29477.75—establishing a clear impulsive downtrend off the ITH at 29645.25. The MSS sits at 29549.5, marking the first support level before the deeper sweep.
Inside the displacement (29519.75 to 29641.5), multiple FVGs nest hierarchically: a bear FVG (29611.5–29619.75) and a subsequent bear FVG (29600.25–29603.5) sit above an iFVG structure (29599.25–29616.5). The most recent bear FVG at 29600.25–29603.5 remains partially unfilled, presenting as liquidity resting just above current price action. A key observation: after multiple session liquidity sweeps (PDH, PDL, Asian extremes, London highs/lows), the model is now consolidating within this FVG zone—watch whether price respects this as a support pivot or whether fresh displacement momentum carries through it into the iFVG below. Price sits 35 points below VWAP with the EMA 20 and 50 both above current levels, creating a mild bearish tilt in the short-term structure. The EMA 200 remains nearly aligned with the 50, suggesting the longer-term trend remains intact but without clear directional conviction. RSI at 36 indicates weak momentum—well below the 50 midline and approaching oversold territory without yet entering it decisively. MACD reinforces the bearish setup: the line trades at −4.62, below the signal at 0.83, with histogram negative at −5.45, showing momentum hasn't turned constructive. ATR at 25 points reflects average volatility for this timeframe, providing a neutral baseline. Volume at the firing bar registers 9,138 contracts versus a 20-bar mean of 2,375—a 3.85x expansion that signals conviction behind the downside pressure. The combination of price below multiple moving averages, weak RSI, bearish MACD divergence, and heavy volume suggests a period of consolidation with a lean to the downside, though no extreme oversold readings yet present.
Class A ▼ detected in pm_sb
Tue, Sep 8, 2026, 02:45 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
- 29549.5
- Displacement
- 29519.75 → 29641.5
- FVG
- 29600.25 → 29603.5
- Killzone
- pm_sb
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_lo, nwog_ce, dh, dl
Swing sequence
ITL@29424.75 → ITH@29645.25 → ITL@29549.5 → ITL@29477.75
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.