Passed — no trade

The gate fired on a 5m close below pdVAL $78,416 — but a 5m close is never the named trigger, and the 15m that closed at 09:30 ($78,283.2) closed below pdVAL as a fresh-low thrust with no retest yet: price is sitting at the extension ($78,254), i.e. the day low, not at the broken level. Entering here would be chasing the excess; and the location is poor for a short anyway — dLow $78,255/wVAL $78,143 sit immediately beneath, with pwPOC $77,171 and W-Open $77,685 as the real supports, so this is momentum into support, not open space. I want either a retest of pdVAL $78,416 from below on a with-trend close, or a reclaim close back above it for the failed-auction long.