Passe — pas de trade

The 13:30 UTC 15m candle did close back above the tier-one pwVAL $62,762 and M-Open $62,792.1, with the 13:40 UTC 5m retest holding and positive delta/CVD corroboration. However, after two consecutive losses this is not strict enough: HTF structure remains bearish/mixed, OI shows short covering rather than fresh long participation, and an honest buffered stop below the retest near $62,615 against the next major objective pdVAL $63,056 gives only about 1.38:1 R:R, below the 2:1 floor.