Passe — pas de trade

STATE shows 4 consecutive losses on this book — after three, the rule is to pass this tick regardless of setup. Additionally, dVAL already fired within the last 30 minutes (no fresh trigger), the named signal is only a 5m close (not a 15m trigger), and the developing VAL sits amid tightly bunched dev-value levels on paper-thin volume with no real reaction. No trade.