← All signalsA Class A bear displacement forms after the sweep of NDOG CE and cascading liquidity lows through the PDL and PM LO. The setup emerges from an ITL at 29088.25, which represents the deepest institutional liquidation level in the recent swing sequence. Price has displaced bearish from 29176.75 down to 29135.75, establishing a 41-point FVG (29157–29164.5) that sits unmitigated in the upper portion of the displacement. An iFVG (29159.5–29163) also formed within this range, marking dual mitigation zones. The current context is off-hours, and price sits near the MSS level (29138), which functioned as resistance during the preceding consolidation. The bearish FVG remains unfilled and positioned above the current candle structure, presenting an asymmetry typical of displacement setups where institutional order flow has removed liquidity from both above and below. A key observation for methodology students: notice how the sweep of multiple liquidity nodes (NDOG CE, PDL, PM LO) converged at nearly identical price—this confluence often precedes directional displacement because it represents complete institutional extraction before the next phase. Price sits marginally above VWAP at 29136.25, holding a 5.64-point edge, while all three major EMAs (20, 50, 200) trade above price, signaling a bearish stack structure despite the proximity to the daily reference. RSI at 36.32 reflects weak momentum in oversold territory, confirming lack of upside conviction. MACD presents a deteriorating picture: the line at −5.30 sits below its signal at −3.93, and the histogram prints negative at −1.37, indicating downside momentum dominance. ATR at 11.11 points shows below-average volatility for this contract, suggesting a tightening range environment. Volume at 811 contracts reads only marginally above the 20-bar mean (787), yielding a 1.03 ratio—insufficient to signal meaningful conviction in either direction. The composite setup reflects consolidation within a weak technical posture: price squeezed between VWAP support and EMA resistance, momentum evaporating, and volume uncommitted.
Class A ▼ detected in off_hours
Fri, Oct 23, 2026, 12:39 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
- 29138
- Displacement
- 29135.75 → 29176.75
- FVG
- 29157 → 29164.5
- Killzone
- off_hours
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh
Swing sequence
ITL@29134.75 → ITH@29196 → ITH@29193.5 → ITL@29088.25
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.