← All signalsA Class A bearish displacement formed after the sweep of London high at 29469.25, creating downside momentum into PM killzone. The displacement runs 29486.75 to 29111, with the primary FVG (29233.75–29287.5) sitting in the lower half—the zone bears typically target after a fresh sweep. Three iFVGs nested within the displacement: two bullish (29313–29316.25 and 29363–29404.75) sitting above the primary FVG, and one bearish (29389.5–29446.75) occupying the upper displacement band. The most recent bearish FVG (29322.5–29352.75) formed after the sequence of multiple European and Asian liquidity sweeps, indicating institutional participation in direction. The swing sequence shows an ITH at 29375.5 followed by the current ITL breach at 29089.75, establishing a lower-low structure and confirming directional bias across the hourly. MSS sits at 29212, nested within the primary FVG—a significant observation for students studying how mass-swept liquidity often anchors within institutional delivery zones. The setup reflects textbook displacement-into-premium-destruction mechanics, with nested FVGs acting as micro-resistance points during the descent. Price sits 159 points below VWAP with the EMA stack in bearish alignment—20, 50, and 200 all ordered bearishly and trading above the close. RSI is deeply depressed at 34, signaling weak momentum. MACD line trades 24 points below its signal line with a negative histogram of –24.19, confirming downside momentum without reversal signal yet. ATR at 76.75 reflects elevated volatility typical of directional moves. Volume at 18,126 represents a 31% expansion over the 20-bar average of 13,875, showing conviction behind the recent selling pressure. The combination of a bearish EMA stack, price below all major moving averages, oversold RSI, and MACD negative divergence with elevated volume paints a picture of sustained downside momentum into weak territory. No countermove structure is evident in the indicator set at this bar.
Class A ▼ detected in pm
Fri, May 15, 2026, 04:00 PM 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
- 29212
- Displacement
- 29111 → 29486.75
- FVG
- 29233.75 → 29287.5
- Killzone
- pm
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, dh, dl
Swing sequence
ITL@29633.75 → ITH@29375.5 → ITL@29089.75 → ITH@29640.75
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.