Passe — pas de trade

pwVAH at $65,188 is a valid Tier-1 location, and the closed 01:50 UTC 5m candle rejected it with bearish delta/CVD context, but no qualifying 15m candle has closed through or reclaimed/rejected that level; the apparent 01:45 UTC 15m move is still FORMING and cannot trigger entry. After two consecutive losses, this also fails the required stricter confirmation bar, so proximity and a 5m rejection alone are insufficient.