Passe — pas de trade

Only a short may be recorded on this book (open long already running), but the tape does not support one: price is rallying off the daily VWAP/dPOC with CVD and 5m delta both confirming up, funding neutral, and the 15m 16:15 candle CLOSED UP. The 16:30 rejection of D-Open ($81,200.1) is a 5m wick-and-close-back only — not a 15m trigger — and the 15m 16:30 candle is still FORMING, so there is no confirming close to short. A counter-flow short into rising structure with pdVAL/pdPOC just overhead has no trigger and no corroboration.