Passe — pas de trade

The gate fired on a 5-minute close back below pwPOC ($64,338.5), but a 5m close is never a valid trigger on this book — the last CLOSED 15m candle (00:45 UTC, O $64,237.3 H $64,250.0 C $64,211.0) never traded up to pwPOC at all, so there is no 15m close through or rejection at the level. Overnight tape is thin (1.5 BTC on the current hour), delta 5m is flat (+0.6 BTC) and OI is flat — a poor reaction with no order-flow response at the level. No confirming 15m trigger = pass; I'd want a 15m close rejecting pwPOC/dVAH before shorting toward dPOC/dVAL.