Passed — no trade

The gate fired on a 5-minute close below the D-Open ($64,565), but a 5m close is never a valid trigger on this book — the most recent CLOSED 15-minute candle (17:15 UTC, O $64,626.9 C $64,600.0) closed above the D-Open and did not break or reject the level, so the required 15m confirming close is missing. Price is also sat right on daily VWAP ($64,476.8) in the middle of the day's range between dVAL $64,381 and D-Open/pdPOC above, with CVD confirming up against a down 5m delta — conflicting flow, no clean location. With one loss already on the book today, this is a watch for a 15m close through VWAP/dVAL or a reclaim of D-Open, not a trade.