You have a Accumulation area, a move outside that area to clean all stops, move up or down, and finally you have a reversal.
In the video was explained with the asian session as the accumulation period, then the price moves above or below and then turns.
I suppose that the power of 3 can be used not only in the European Open, but the pattern will take place many times, and here comes my question, how do you know that is going to return after taking the liquidity? How long has to be the accumulation?
Ok I understand the pattern, You have a Accumulation area, a move outside that area to clean all stops, move up or down, and finally you have a reversal. In the video was explained with the asian session as the accumulation period, then the price moves above or below and then turns. I suppose that the power of 3 can be used not only in the European Open, but the pattern will take place many times, and here comes my question, how do you know that is going to return after taking the liquidity? How long has to be the accumulation? Thanks Kind Regards...
Ignored
I don’t think anyone knows that, you just have to wait till the pattern forms which also I find you can trade this on all timeframes! I don’t want to sound like a retailed trader I think a better choice of words would be wait till the manipulation factors form!
