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▼ BEAR·MNQ1!·
15m
·DAY TRADER

Class A detected in nyam

Wed, Aug 26, 2026, 08:30 AM EDT

ICT perspective

Setup, swing context, displacement, killzone

FVG iFVG MSS OB PWH/PWL Swept
A Class A ▼ forms after London session swept the Asian high at 29277, with the displacement running 29149–29278.75. Price rallied into the NYAM killzone, printed a marginal new high at 29234, then reversed sharply lower—a textbook MSS rejection into a bearish continuation candle. The bear bias holds across 15m, 30m, and 60m timeframes. Two iFVGs sit within the displacement: one at 29175.75–29211.25 (formed earlier in the sweep sequence) and a tighter one at 29217.75–29223.75 (printed during the NYAM rally). The primary FVG of 29227.5–29234.25 represents the gap created by the reversal itself. The MSS level anchors at 29188.5, positioned below the lower iFVG, offering a reference for structural integrity. Extensive liquidity sweep (PDL, both session highs/lows, NWOG CE, DH, DL) signals aggressive order flow exhaustion into the reversal. A student observing this setup might note: when a displacement ends with a marginal new extreme followed by immediate rejection *into a killzone*, the subsequent FVG preservation and MSS proximity often define the next micro-structure bias. Price has not yet tested back into the iFVG band; observing whether that liquidity gets filled before lower displacement zones presents a key structural question.
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 below VWAP by 43 points with the EMA stack compressed and bearish-aligned—20, 50, and 200 all stacked in descending order and price beneath the entire structure. RSI at 40.41 registers weak momentum, well into oversold territory but not yet extreme, suggesting further downside energy is available. MACD shows the line trading below its signal line with a negative histogram of −2.67, confirming downward momentum without yet reaching reversal conditions. ATR at 43.87 points reflects moderate volatility for this timeframe. Volume at 42,661 contracts is 3.60 times the 20-bar average—notably heavy, signaling conviction behind the downward pressure and institutional participation. The combination of bearish EMA alignment, price below all major moving averages, weak RSI, and below-signal MACD reinforces a downtrend structure in which momentum remains directional despite near-term oversold conditions.

Setup context

MSS level
29188.5
Displacement
29149 → 29278.75
FVG
29227.5 → 29234.25
Killzone
nyam
Swept liquidity
pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, dh, dl
Swing sequence
ITL@29095.5 → ITH@29277 → ITL@29186.25 → ITH@29416

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

Educational observation only. Not financial advice.