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No confirming trigger has printed. Price is coiling in a thin, low-volume overnight chop ($60,591–$61,031) right on top of daily VWAP ($60,797) and the developing day POC ($60,670), i.e. dead-center at fair value — exactly the spot the method tells you to wait, not trade. There is no level-reaction (no SFP/reclaim/reject close) and no with-trend continuation close: the macro 4H/D structure is a clear downtrend, but locally price has bounced ~$2k off the $58,985 low and is now stalled mid-range, not trending. Shorting here would also be fading into the developing POC/VWAP support with no trigger, which is forbidden. The nearest tradable level below (settled day POC / naked POC $59,767) is in reach but price has not interacted with it yet — it is a watch, not a trade.

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