Passe — pas de trade

The gate fired on a 5-minute wick-and-close-back below dVAL $78,419 — but a 5m close is never a valid trigger on this book, and the most recent CLOSED 15m candle (13:00 UTC, O 78,365.4 H 78,478.7 L 78,347.6 C 78,405.1) is a tiny doji straddling the level with no rejection or acceptance decision: no 15m trigger has printed. Price is also mid-nothing — chopping between dVAL 78,419 / VWAP 78,684 above and dLow 78,109.9 below — with flat 5m delta (+0.9 BTC), flat open interest and near-zero volume (2.2 BTC on the last 15m), which is exactly the poor reaction quality the method says to pass on. No trigger, no reaction, no trade.