Passed — no trade

No qualifying 15-minute trigger has closed at pdVAH $65,127: the latest closed 15-minute candle (05:45 UTC) never reached that level, while the wick-and-close rejection occurred only on the 06:05 UTC 5-minute candle and cannot serve as the named trigger. After two consecutive losses, the stricter bar also fails because 4h CVD confirms down while 5m delta is flat, so reaction quality and directional corroboration are insufficient.