← All signalsA bearish Class A ▼ has formed following a sweep of the London low at 29125.25. The displacement runs from 29117 down to 29065, establishing fresh directional momentum in a session already marked by exhausted liquidity—PDH, PDL, Asian HI, Asian LO, London HI, and London LO have all been swept. The swing sequence shows ITH rejection at 29144–29145 followed by ITL at 29058, then a minor ITL at 29127.5, setting structure for this latest move lower.
Inside the displacement sit two bear FVGs: one from 29104–29108, now above price, and a tighter one at 29093.25–29094, which remains relevant as a fair-value gap in proximity to current action. Multiple iFVGs at 29075.75–29078.75, 29086.25–29090, and 29104.5–29108 are also nested within the move. The MSS level at 29073.25 defines the structural floor. This setup presents during NYAM killzone, where session transitions typically see algorithmic rebalance. The educational point: watch whether price continues to probe below MSS or rotates back to fill the 29093–29094 bear FVG—the decision between these two paths often signals the internal intent of the displacement. Price sits 75 points below VWAP with the EMA stack in bearish alignment—20, 50, and 200 all stacked in descending order and trading above current price. RSI at 37.62 shows weak momentum in oversold territory, while MACD trades below its signal line with a negative histogram of −1.11, confirming downside momentum. Volume at 2389 contracts represents a 1.64x ratio to the 20-bar average, indicating elevated conviction behind selling pressure. ATR at 14.11 reflects moderate volatility, typical for this timeframe. The combination of price trading beneath both its moving averages and VWAP, paired with weak RSI and negative MACD histogram expansion, presents a bearish technical posture. Volume elevation reinforces that selling interest remains active rather than exhausted.
Class A ▼ detected in nyam
Fri, Oct 23, 2026, 08:31 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
- 29073.25
- Displacement
- 29065 → 29117
- FVG
- 29093.25 → 29094
- Killzone
- nyam
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, nwog_ce, ndog_ce, dh
Swing sequence
ITH@29144 → ITH@29145 → ITL@29058 → ITL@29127.5
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.