Passe — pas de trade

STATE shows 4 consecutive losses on this book with the last three outcomes all losses — the discipline rule mandates passing this tick regardless of setup after three consecutive losses. Beyond that, there is no valid trigger anyway: the only reaction is a 5m close below dVAL (a 1m/5m close is never itself the trigger; no 15m close through or rejection at a Tier-1/2 level has printed), and price sits between developing VAL/VWAP with no clean confluence.