Passe — pas de trade

STATE shows 4 consecutive losses on this day book — after three, the mandate is to pass this tick regardless of setup. Even setting that aside, the dVAL reclaim on the 22:15 15m candle is a developing VA edge with negligible volume (8.2/17.6 BTC), flat 5m delta, and short-covering OI — a poor reaction that fails the stricter bar losses require. Standing aside.