Passe — pas de trade

Pass under the stricter two-loss filter: the D-Open rejection exists only on the 01:20 UTC 5m candle, while the 01:15 UTC 15m candle is still forming, so no qualifying 15m rejection trigger has closed. The prior 01:00 UTC 15m reclaim through developing value/VWAP had very low volume, with 5m delta flat and 4h CVD confirming down, so the reaction/confluence is too poor and conflicted to trade.