Passe — pas de trade

STATE shows 4 consecutive losses on this book — the rule requires a hard pass this tick regardless of setup. Additionally, price is grinding lower into pdVAL ($65,611) with the current price already below it at $65,554.5 and no reclaim close printed; the 15m candle closed BELOW the level, which is a breakdown, not a reclaim/rejection trigger for a long. No valid confirming trigger and the loss-limit gate both mandate standing aside.