Passe — pas de trade

The gate fired on a 1-minute close below pdEQ ($79,580.4) — but a 1m close is never a valid trigger on this book, and the most recent CLOSED 15-minute candle (17:00 UTC, O $79,702.6 C $79,575.0) is a small-bodied, low-conviction candle that merely slipped through pdEQ with no thrust and no retest to enter on; it is not a clean close-through plus retest, nor a rejection shape. Structure is also conflicted: price is bouncing off the day low ($78,592) back into dVAL/pdEQ from below, CVD reads confirming_up against a confirming_down 5m delta, and OI is flat — a poor, thin reaction at the level. No confirmed 15m trigger with corroboration means no trade.