Passed — no trade

The gate fired on a 5m close below the developing POC/VWAP cluster, but a 5m close is never a valid trigger on this book — the last CLOSED 15m candle (2026-07-26 23:45, C $65,314.6) closed UP and back above dPOC/VWAP, so no 15m confirmation of the breakdown exists; the current 15m is still FORMING. The day is only five minutes old, so developing VA edges are meaningless and price sits right at VWAP/D-Open/dPOC fair value — the no-trade middle. Signals also conflict: CCV short bias and 5m delta down against confirming-up 4h CVD, rising OI and a strong up-close daily/4h candle.