Passe — pas de trade

The only permitted direction here is a long (open short with T1 booked on this book), and the long case is weak: the named 15m trigger (05:45 close) is a DOWN candle that closed below pwVAL $83,388, dPOC $83,369.5 and VWAP $83,314.1 — a bearish set of closes, not a reclaim. The dVAL $83,223 wick-and-close-back is only a 5m event and a minor developing value edge inside a tight $83,100–$83,650 chop, with flat 5m delta (+47.6 BTC) and no volume/OI response into the level — a poor reaction. No corroborated long trigger on the 15m, so I pass.