← All signalsA bullish Class A displacement forms after the PDL sweep at 7390.5, with price now trading into the 7398–7403.5 FVG. The swing sequence shows ITH at 7420.75 (the MSS level), ITL at 7390.5, establishing a defined range after multiple session sweeps—Asian highs, PDH, London highs, PM structure all cleared. The iFVG at 7377.5–7381.5 sits deeper in the displacement, while the primary FVG (7398–7403.5) represents the most recent imbalance created on the move up from the low. Price sits in cash session killzone, with 60-minute bias holding bullish across all higher timeframes. The structure presents a teaching point: after exhaustive liquidity sweep sequencing (PDL most recent), the formation of a fresh FVG in the lower portion of the displacement, combined with the MSS hold at 7420.75, creates a zone where institutional accumulation often clusters before continuation. Observation of whether price consolidates within this FVG or rotates through it will clarify the next directional intent. Price sits 28 points above VWAP at 7424.75, with the 20 and 50 EMAs in support below, though the 200 EMA sits slightly above the current level, creating a compressed EMA stack that suggests consolidation rather than decisive directional momentum. RSI at 67.16 registers in strong-momentum territory without yet reaching overbought extremes, and MACD shows the line at 4.87 well above its signal at −0.51 with a positive histogram of 5.38, indicating upside momentum is present and intact. ATR at 10.38 points reflects relatively low volatility for the timeframe. Volume at 25,235 contracts is notably light at 75% of the 20-bar average, which undercuts conviction in the move — a bullish setup ideally confirms with expansion in volume rather than contraction. The combination of above-VWAP price, rising momentum indicators, and compressed EMA alignment suggests the setup has momentum scaffolding, though the thin volume bars a full confirmation of strength.
Class A ▲ detected in cash
Tue, May 12, 2026, 03:30 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
- 7420.75
- Displacement
- 7363.25 → 7426
- FVG
- 7398 → 7403.5
- Killzone
- cash
- Swept liquidity
- pdh, pdl, asian_hi, asian_lo, london_hi, london_lo, pm_hi, pm_lo, dh
Swing sequence
ITH@7454 → ITL@7402.25 → ITH@7420.75 → ITL@7390.5
New to the vocabulary? See the glossary for plain-English definitions of every ICT term used above.
Educational observation only. Not financial advice.