Passe — pas de trade

The 14:15 UTC 15-minute candle did close back below the settled pdH at $63,694.4 after a marginal sweep, but after two consecutive losses this is not a strict-enough rejection: the wick cleared pdH by only $1 and broader 4h CVD/healthy-uptrend OI contradict the short despite bearish 5m delta. With a properly buffered stop near $63,825, the next major target at pdPOC $63,394.5 offers only about 1.1:1 R:R, below the required 2:1 floor.