Passe — pas de trade

The swept level isn't one the market watches. This is the first 15m candle of the new day, so the developing VAH, POC, VAL, high and low were all made by this one candle on about 2.5 BTC. That's why seven levels sit in one $100 cluster. The wick swept value as it was being formed. The rejection is weak: the close is $0.50 above the level, the candle closed down from its open, and it sits mid-range in thin midnight trading. Delta is flat at +1.8 BTC with partial coverage, so no sign of buyers absorbing. Price is inside value on every higher timeframe at yesterday's close, and the CCV isn't in play. The 2.31:1 R:R is mechanical, not a real swing failure. I'll wait for a sweep of a watched level: the previous day's high or low, the previous day's POC/EQ around $80.9k, or the previous week's POC at $80,448.5.