Passe — pas de trade

STATE shows 4 consecutive losses on this book — after three, the instruction is to pass this tick regardless of setup. Beyond that, the gate fired on a developing POC reclaim marked only on a 5m close ($65,602.2 above $65,579.5); there is no 15-minute trigger — the most recent closed 15m candle closed DOWN. No named 15m trigger, and the loss-streak circuit-breaker both mandate a pass.