Passed — no trade

The gate fired on a 5-minute close below the weekly open ($77,650.6), but a 5m close is never a valid trigger on this book — the most recent CLOSED 15-minute candle (07:30, O 77,886.5 / C 77,830.0) closed well ABOVE the weekly open and above dPOC, so no 15m trigger through or rejection at the level has printed. Structure is also mixed: price is chopping between VWAP $77,509.9, W-Open $77,650.6 and dPOC $77,632.5 — the middle of the developing value area, the poorest location the method allows — with no established trend to join and a rejected push into dVAH/dHigh $78,100 that has not been confirmed on a 15m close. Missing element: the confirming trigger close (and clean location).