Passed — no trade

STATE shows 4 consecutive losses on this book (last three L·L·L). The rule is unambiguous: after THREE consecutive losses I pass this tick regardless of setup. Independently, there is also no valid 15-minute trigger — the fired level is pdEQ ($65,399.8) but the only reclaim is a 5m wick-and-close (07:35), and a 5m close can never be the named trigger; the most recent CLOSED 15m candle (07:15) closed DOWN at $65,562.6, not a reclaim of pdEQ. No trade.