Passe — pas de trade

STATE shows 4 consecutive losses on this day book (last three outcomes L·L·L) — after three consecutive losses the rule is to pass this tick regardless of setup. Additionally, the VWAP level already fired within the last 30 minutes (attempted YES), and no fresh 15-minute trigger has printed — the only closes shown are minor down candles inside developing value, not a confirming 15m reject/reclaim at a named level. No trade.