← All signalsA Class A bearish displacement forms after London and Asian session lows sweep, driving price from 29582.25 down to 29491.5. The MSS sits at 29510, anchoring the recent downside structure. Inside the displacement, three FVGs present: a bullish iFVG (29524.75–29544.5) formed early in the move, then two bearish FVGs layered above—one at 29534.5–29550.25 and a tighter one at 29529.5–29530.5. Price currently sits near the MSS, having retraced into the lower bearish FVG, in the off-hours killzone where participation is thinner. The swing sequence shows an ITL at 29576 (swept), then an ITH at 29646.5 that failed to extend, followed by the current ITL at 29576 that triggered the displacement lower. A student observing this structure should note how the bullish iFVG nested within a bearish displacement often represents a transition zone—price either absorbs it as part of continuation, or respects it as temporary support before further downside assertion. The horizontal PWL reference at 29268.75 sits well below current price, defining the broader directional bias on the 60-minute filter. Price sits 148 points below VWAP with the full EMA stack inverted and bearishly ordered—20, 50, and 200 all trading below the current close, confirming downtrend structure. RSI at 35.21 signals weak momentum with room for further deterioration before oversold extremes. MACD line remains below signal at −16.00 versus −15.00, with negative histogram at −1.00, indicating persistent bearish momentum without yet showing reversal divergence. ATR at 20.83 reflects moderate volatility for the timeframe, typical for this contract. Volume doubled the 20-bar average at 1105 contracts, demonstrating conviction behind the current directional pressure. The combination of price dislocation below VWAP, a stacked bearish EMA configuration, weak RSI, and below-signal MACD aligned with heavy volume suggests the downtrend retains structural integrity.
Class A ▼ detected in off_hours
Tue, Oct 20, 2026, 08:09 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
- 29510
- Displacement
- 29491.5 → 29570.25
- FVG
- 29529.5 → 29530.5
- Killzone
- off_hours
- Swept liquidity
- asian_hi, asian_lo, london_hi, london_lo, pm_lo
Swing sequence
ITH@29694 → ITL@29527.75 → ITH@29646.5 → ITL@29576
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.