Passe — pas de trade

The 09:45 UTC 15m candle did reclaim the settled pdL at $62,719.4, but the stricter post-two-loss filter fails: the response was low-volume, 5m delta is bearish-divergent, 4h CVD still confirms down, and OI is declining. Using the required invalidation beyond the $62,180.4 failed-auction low, the next major objective at pdVAL $63,056 offers under 1:1 R:R, so the setup is not tradeable.