Passed — no trade

STATE shows 4 consecutive losses on this book (last three outcomes L·L·L) — after three consecutive losses the rule mandates passing this tick regardless of setup. Beyond that, there is no valid trigger anyway: the pdEQ ($65,975.6) fired only on a 5m close below it, but a 5m close can never be the named trigger, and the most recent CLOSED 15m candle (09:00) closed UP at $65,920.3 with no rejection or reclaim structure at the level. No confirming 15-minute close exists.