Passe — pas de trade

The 21:00 UTC 15m candle closed through developing POC $63,665.5, but this is a thrust confirmation and no post-close backtest has occurred, so entry now would be entering the break rather than the required retest. With two consecutive losses, the setup also fails the stricter bar because it is POC chop and broader context conflicts: 5m delta confirms down while 4h CVD and the 24h OI backdrop confirm up.