Passed — no trade

STATE shows 4 consecutive losses on this book (last three outcomes all L) — after three consecutive losses the rule mandates passing this tick regardless of setup. Even setting that aside, the fired location is the developing dPOC, a fair-value mid-level where the method explicitly avoids new positions, and price is chopping in a tight range right at VWAP/dPOC/pdEQ with no clean level-reaction trigger. Standing aside per the loss-limit rule.