Passed — no trade

The gate fired on a 5m close below pwVAL ($63,652), but a 5m close is never a valid trigger on this book — the last CLOSED 15m candle (01:30 UTC, C $63,716.5) is still above pwVAL and no 15m candle has closed through or rejected the level. Price is also sitting right on the developing day low ($63,605) with flat 5m delta (-0.6 BTC) — a poor, low-volume reaction into support, not the stop-rich break a short would need. No trigger, so this is a watch: I want a 15m close below $63,652 and then a backtest of it before shorting.