Passe — pas de trade

The gate fired on a 5m wick-and-close at the developing POC ($63,425.5), but a 5m close is never a valid trigger on this book — the most recent CLOSED 15m candle (04:30 UTC, O $63,447.0 C $63,427.3) closed down and merely stalled at the dPOC/dHigh, it neither closed through nor rejected a level. Location is also poor: price is pinned right at the developing POC and within a few dollars of the developing day high/VAH, which is fair-value chop and the method's explicit no-trade zone. Flow corroborates nothing — 5m delta is flat (+0.3 BTC over 30m) and volume into the level is negligible, a poor reaction. No trigger, so no trade.