Passe — pas de trade

The gate fired on a 5-minute close below the D-Open ($77,801.6), but a 5m close is never a valid trigger on this book — the most recent CLOSED 15m candle (00:15 UTC) closed UP at $77,858.1, i.e. above the D-Open/VWAP cluster, so no 15-minute close through or rejection at the level has printed. Price is also sitting dead in the middle of a razor-thin developing value area (dVAL $77,741 / dPOC $77,775.5 / dVAH $77,798 / VWAP $77,791.9) — a no-trade zone by the method — with flat 5m delta and only ~$60 of structure between the levels, so there is no coherent stop or R:R to T2. No trigger, poor location.