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▲ BULL·MES1!·
3m
·DAY TRADER·Best of Day

Class A detected in london_sb

Fri, Jun 26, 2026, 03:30 AM EDT

ICT perspective

Setup, swing context, displacement, killzone

FVG iFVG MSS OB PWH/PWL Swept
ES forms a Class A▲ after sweeping PM LO (7408.25) and PDL (7390), establishing a bullish displacement between 7394.75 and 7413.75. The swing sequence shows ITH at 7428, then ITL at 7357.25, a partial recovery ITL at 7364.5, and most recently ITL at 7416—placing price now in fresh territory above the most recent swing low. The MSS level anchors at 7409.5, sitting within the displacement itself and serving as a reference for continuation structure. Four FVGs currently define the microstructure: a bear iFVG (7410.25–7411.5) formed early, followed by overlapping bear and bull iFVGs lower (7398.5–7400.75 range), and a bull FVG at 7408.5–7409 that coincides with the displacement and MSS. Price is now trading above all of these, in the London Spread killzone. The sustained sweep of multiple liquidity clusters (PDH, PDL, Asian Hi/Lo, London Hi/Lo, PM Hi/Lo, NWOG CE) and the absence of a new ITL print confirm directional commitment. A student watching this setup should observe how displacement candles close relative to their own range—tight closes above the range suggest structural integrity, while expansion candles into higher prices may telegraph the next imbalance.
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 11.86 points above VWAP with the EMA 20 and 50 both in alignment below current levels, though the EMA 200 sits just below VWAP, creating a mixed stack structure. RSI reads 72.77—deeply overbought territory—signaling momentum extension beyond typical mean-reversion thresholds. MACD line trades 0.34 above its signal with positive histogram, confirming upside momentum persistence despite the elevated RSI condition. ATR at 4.72 reflects modest volatility for this instrument, suggesting the recent move has not relied on extreme expansion. Volume at 1812 contracts prints 1.52× the 20-bar average, indicating above-average participation at the bar but not extreme conviction. The setup presents a confluence of overbought momentum with price above both short-term and intermediate moving averages, anchored above VWAP, yet the mixed EMA stack and extreme RSI reading warrant attention to potential mean-reversion pressure or consolidation.

Setup context

MSS level
7409.5
Displacement
7394.75 → 7413.75
FVG
7408.5 → 7409
Killzone
london_sb
Swept liquidity
pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, dh, dl
Swing sequence
ITH@7428 → ITL@7357.25 → ITL@7364.5 → ITL@7416

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

Educational observation only. Not financial advice.