There is a 40 day VTL below price.
That means, when price breaks it, show below, then you have confirmation that the peak of the 80 day cycle has been put into the market approximately 20 days in the past at the time of the break.
Does that make sense?
Problem:
the phasing of the last 20 weeks is unclear and there is a potential 40 day trough at the 20 day FLD below price
Trade:
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