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OHLC/OLHC - Power of 3

What is Power of 3?
Power of 3 is a concept taught by ICT that relates to the daily open, high, low, close bar
on a daily chart. The concept aims to help traders understand the accumulation,
manipulation, and distribution phases, which can be applied to daily, weekly and
monthly ranges, as well as sessions.

Element the power of 3

1. Accumulation/Consolidation

2. Manipulation/Reversal

3. Distribution/Expansion

Things to note:

1. Open high low close [OHLC] & Open low high close [OLHC]

2. True day open 00:00 EST - 00:00 EST

3. Opportunity buy below opening daily 00:00 EST

4. Opportunity sell above opening daily 00:00 EST

Nb: EST = UTC-4 [New york time]

OHLC/OLHC - Power of 3 1
OLHC

OHLC/OLHC - Power of 3 2
OHLC

OHLC/OLHC - Power of 3 3

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