Aviona Power of 3

Question 1

what are the 5 steps of a bullish candle?

Answer 1

1. price opens
2. price drops
3. price rallies upwards
4. price forms a high
5. prices drops to close below the high

Question 2

Where is my best entry point if I want to make a good profit?

Answer 2

look for an opportunity to enter below the open for a buy. And above open for a sell

Question 3

What am I looking for below the open?

Answer 3

There are 4 possibilities:
1) FVG
2) sell-stops on a lower time frame
3) price trading down on an old high
4) something that will promote some level of discount for price

Question 4

what are the 5 steps of a bearish candle?

Answer 4

1) price opens
2) price trades higher
3) price drops
4) price creates a new low
5) price closes above the new low

Question 5

comparison

Answer 5

compare bullish and bearish candles

Question 6

Bullish power of 3

Answer 6

a full day on 1H chart

Question 7

Bearish power of 3

Answer 7

a full day on 1H chart

Question 8

how do I know when price is at or near point number 4 on daily chart? Power of 3

Answer 8

the key is time.

price is likely to be at or near point 4 around 3:30 or 3:45 pm NY Local

Question 9

how do I know price when is at or near point number 4 on weekly chart?

Answer 9

the key is time

Price is likely to be at or near point 4 by Friday lunch

Question 10

what is the correlation between PO3 and time?

Answer 10

Like every ICT concept, PO3 is based on time:
Daily
Weekly
Hourly, etc.

Daily and weekly time frames are useful for us