← All signalsA Class A ▼ formed after the Asian low sweep at 7534.25, with price descending into the London open killzone. The displacement spans 7531.75 to 7537, containing a bull iFVG (7534.25–7535.25) that was created mid-Asian session, overlapped by a bear FVG (7534–7535) stamped during the transition. The swing sequence shows ITH at 7544.75 followed by ITL at 7534.25—a clean impulsive drop that swept the Asian low and prior PM low in the same move, eliminating key liquidity pools (PDH, PDL, Asian Hi/Lo, PM Hi/Lo, NWOG CE). The MSS level sits at 7532, just below the displacement bottom, while the PWL reference (7473) establishes the broader session context. What a student should observe: the overlapping FVGs—bull then bear—within tight price action often precede displacement reversals. The iFVG created during the first downleg, now sitting inside the current bear structure, becomes a potential resistance zone if price recedes. HTF bias (60min bear) confirms directional intent, yet the density of liquidity sweeps and overlapping gaps suggests the structure is transitioning; watch whether the next ITH forms above or below the 7538–7540 zone. Price sits 7.59 points below VWAP with the EMA 20, 50, and 200 all stacked bearish, confirming downtrend posture. RSI at 36 signals weak momentum without oversold conviction yet, while MACD line trades below signal with a negative histogram of −0.12, indicating persistent bearish momentum structure. ATR at 1.83 reflects low volatility typical for this instrument, limiting the magnitude of expected moves. Volume at 425 contracts represents a 1.42x ratio above the 20-bar mean of 299, showing elevated participation relative to recent sessions—noteworthy given the subdued volatility environment. The combination of a bearish EMA stack, price below its VWAP anchor, and MACD confirmation below signal suggests the downtrend retains structural integrity, though RSI at 36 leaves room for momentum to either deepen or stabilize before any reversal signals emerge.
Class A ▼ detected in london_open
Wed, Jul 22, 2026, 02:15 AM 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
- 7532
- Displacement
- 7531.75 → 7537
- FVG
- 7534 → 7535
- Killzone
- london_open
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, dh, dl
Swing sequence
ITH@7543 → ITH@7544.75 → ITL@7534.25 → ITL@7538.25
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.