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▲ BULL·MNQ1!·
1m
·DAY TRADER

Class A detected in london_open

Fri, Jul 24, 2026, 04:22 AM EDT

ICT perspective

Setup, swing context, displacement, killzone

FVG iFVG MSS OB PWH/PWL Swept
MNQ11 1m presents a Class A bullish displacement after a sweep of PM lows, now consolidating within the London Open killzone. The swing context shows ITH at 28663.5 followed by a series of lower lows and highs—ITL 28610, ITH 28633.75, then ITH 28607.25—creating a compressed structure leading into the current setup. The displacement spans 28557–28603, and within it sits a bullish FVG (28570.25–28571.5) alongside two iFVGs that formed during the early London consolidation phase. The MSS at 28597.75 anchors the upper boundary of the displacement and sits near the larger bear iFVG (28588.75–28589.75), which presents as unmitigated liquidity still resting overhead. The 60-minute bias remains bullish, supporting continuation context. A student watching this structure should observe how price navigates the relationship between the MSS level and the compressed ITH/ITL sequence above—whether fresh momentum respects the displacement boundary or uses the bear iFVG as a reversion point before repricing higher into the session.
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 9 points below VWAP while the EMA stack remains unorganized—20 above, 50 below, 200 above—signaling indecision in the trend structure. RSI at 52.72 holds neutral ground, neither extended nor compressed. MACD shows the line above signal with a positive 3.76 histogram, suggesting early momentum building, though the signal line remains deeply negative at −7.73, indicating the prior downside move still registers on the indicator. ATR at 13.07 points reflects modest volatility for this instrument. Volume at 604 contracts sits 38% below the 20-bar average of 976, a notable light reading at the firing bar. The combination of subdued volume, mixed EMA alignment, and emerging but fragile MACD positive histogram creates an environment of low-conviction price action—momentum is turning but lacks the volume confirmation typically associated with sustained directional conviction.

Setup context

MSS level
28597.75
Displacement
28557 → 28603
FVG
28582 → 28590.75
Killzone
london_open
Swept liquidity
pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh, dl
Swing sequence
ITH@28663.5 → ITL@28610 → ITH@28633.75 → ITH@28607.25

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

Educational observation only. Not financial advice.