Passe — pas de trade

The 14:30 UTC 15m candle did close through pdVAH $63,981, but after two consecutive losses this does not meet the stricter bar: the breakout reaction has flat 5m delta and only modest volume. From $64,031, an honest stop below the trigger swing at $63,756 with real room gives only about 0.75:1 to the next major pwPOC $64,338.5 (and under 1:1 even to pwVAH $64,425), so the payoff floor is missing.