2. Time Price & Opportunity

Time Price Opportunity (TPO)
A time price opportunity is a basic unit displayed on a profile chart. Each TPO represents a point of time where the market touches a price. A single TPO is printed on the chart for every time a price is touched during the same period of time on the chart. A new TPO appears at the same price level the only if the market returns to trade at this same price during another period of time during the day.

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#MarketProfile #OrderFlow #PriceAction #Trading #IntradayTrading

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