Today's Recurrent Price Level for this pair. Aplogies for not discovering it earlier as have not traded this pair due to its high spread. Perhaps that will need to change because of the volatility this pair will be offering. With the big help of Jurij's Transient Zones indicator, we can trade back to the Recurrent Price Level.
Interesting methodology, value is definitely huge. We are after all trading supply and demand imbalances...
Recurrent Price Level (RPL) was established on a Daily price chart, then I changed to lower time frame so we can see when price is out of balance. Jurij's TZ indicator makes it very easy to see entry points with great potential. Granted, this was a extremely volatile period for this pair, but nonetheless the TZ indicator pinpointed exact moments of entry with the take profit mark established based on RPL.
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