$XRP š What do you see in the image?
It represents the TPO Profile (Time Price Opportunity Profile). The different colors indicate time density: the more squares there are, the longer the price spent at that level, which means: significant interest at this price or distribution or accumulation occurring there.
The three important indicators:
POC (Point of Control): the price at which the largest number of TPOs occurred (more time + volume often).
VAH (Value Area High): the highest price within the 70% activity range.
VAL (Value Area Low): the lowest price within the same range.
š§© How do we use it with Footprint and Delta?
TPO overlap with Footprint:
Footprint = Who executed? (Market Buy/Sell)
TPO = Where did they concentrate? (Where the market spent its time)
Combining the two gives you a strong idea