About Power of Three,did you understand what we mean by the power of three in trading,this is also another concept by ict trading concept
You have to understand this concept, it might look troublesome at the beginning make it yours to really be able to have a better understanding of how the market works, since every candle works thesame on different time timeframe
The principal power of three have three faces as the name implies
We have the accumulation,we have the manipulation,we have the distribution
Accumulation (A); During an interval of Time The Algorithm performs an accumulation and is characterized by being a Consolidation in Price.
Consolidations are the predecessors to expansionary price movements.
Occur near the Opening Price.
Manipulation (M); It usually presents itself as fast and volatile movements.
It consists of taking the Price to the opposite side of the true directional Expansion.
Find it when there is Medium and High impact new release.
Distribution (D); Occurs when The Market liquidate their positions.
They are the expansive movements that follow from the Manipulation.
During this stage you can look for a Re-Entry
Use the Standard Deviation of the Manipulation to project targets.
The AMD Principle is presented in every bar of every Time Frame (Monthly, Weekly, Daily, 4 Hour, etc.) with a price value at which it starts trading (opening price), the highest price value (high), the lowest (low), and a value of the time it ends trading (close)
Images gotten from Twitter