Passe — pas de trade

The 12:30 UTC 15-minute candle closed through the pdVAH/pdH/dVAL cluster near $63,047 and price is retesting it, but the reaction quality is weak: 5-minute delta is flat despite bearish CVD. With a properly buffered stop beyond that candle’s $63,120.4 high (about $63,250), the honest T2 at settled pdVAL $62,688 offers only about 1.8:1 R:R, below the required 2:1 floor.