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The only trigger is a 5-minute close through the developing POC — a 5m close can never be the named trigger, and the 15m candle is still FORMING. Price is sitting in the middle of a razor-thin new-day balance (dVAL 63,449 / dPOC 63,467 / VWAP 63,465 / dVAH 63,508 all within $60), i.e. the no-trade middle of the range with a flat 5m delta and flat OI — a poor-reaction location. No level-reaction close, no with-trend 15m close, and after one consecutive loss I need a stricter read than mere proximity to fair value.
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