Passed — no trade

The only trigger is a 30m close ($65,047.2) below the developing week POC $65,177.5 — a mid-value, in-flight level, and price is sitting right on the developing wVAL $65,039 with the week's low $64,811 just beneath: this is the middle of a tight 4H balance ($63.6k–$66.3k), not a strong HTF level worth trading, and no Tier-1 level (pwVAH 65,555 / pwPOC 64,114) is at the trigger. There is also no established HTF trend for a continuation entry (weekly closed up, 4H chopping sideways), and no swept-and-reclaimed level for a reversal. With two consecutive losses on this book I need a stricter-than-usual location; a mid-range dev-POC loss-of-level does not qualify.