Passe — pas de trade

STATE is authoritative: 4 consecutive losses on this book means I pass this tick regardless of setup (the rule is to stand down after three). Beyond that, no valid trigger exists anyway — the gate fired on a 5m close reclaiming pmVAH, but a 5m close can never be the named trigger, and the last CLOSED 15m candle (17:45) closed DOWN at 64,591.9, below pmVAH, so there is no confirming 15m reclaim. This level was also already attempted within the last 30 minutes.