Passe — pas de trade

The gate fired on a 5-minute reclaim of pdVAL ($76,638) — but a 5m close is never a valid trigger on this book, and the most recent CLOSED 15m candle (12:45 UTC, O $76,749.2 H $76,755.0 L $76,536.8 C $76,536.8) closed DOWN and BELOW pdVAL, i.e. it rejects rather than confirms the long. The 13:00 15m candle that would carry the reclaim is still FORMING. Structure is also mixed: price is below daily VWAP ($76,895) and below D-Open, dPOC sits just under at $76,699 and today has been making lower highs/lower lows, so the bullish CVD/5m delta divergence is confluence without a trigger. No 15m confirming close = no trade.