Passe — pas de trade

The Tier-1 pmPOC at $63,910.5 is in play, but the only rejection is the closed 14:35 UTC 5-minute candle; the required 15-minute confirming close has not printed, and the 14:30 candle is still forming. With two consecutive day-book losses and flat 5-minute delta, this does not meet the stricter trigger/confluence bar, so await a fresh closed 15-minute rejection or reclaim/backtest.