Passe — pas de trade

The gate fired on a 5-minute close below pdVAL $75,412 — but a 5m close is never a valid trigger on this book, and the named-timeframe 15m candle (17:15 close, O 75,617.9 C 75,629.1) actually closed UP and above dVAL/pdVAL, so no 15m close through the level has printed; the current 17:30/17:45 15m candle is still FORMING. There is therefore no confirming trigger for a short at pdVAL, and no reclaim close for a long either. Flow is also indecisive at the level: CVD confirming_down but 5m delta flat (-1.8 BTC) on tiny volume with OI dead flat (-0.06%) — a poor reaction, not the participation the method requires.