Passe — pas de trade

The gate fired on a 5-minute close below the developing POC ($76,712.5), but a 5m close is never a valid trigger on this book — the only 15m close available (02:45 UTC) closed BELOW dVAH and ABOVE VWAP, i.e. it confirms nothing but chop inside a $76,600–$76,950 balance. Price is sitting in the middle of the developing value area (dVAL 76,654 / dPOC 76,712 / dVAH 76,843) with flat 5m delta, flat OI and a long_bias CCV that contradicts a short at the POC; the method explicitly forbids new positions at the POC / mid-range. Missing element: a confirming 15-minute trigger close at a tradeable level.