Accumulation, manipulation,distribution.

The model divides a period - most often a trading day or a single session - into three parts.

• Accumulation: a narrow, quiet range, often during the Asian session for currency pairs. The model reads it as positions being built.
• Manipulation: a move out of that range against the direction the period will eventually take, sweeping the liquidity above or below the range. It is often the London open in the model's standard telling, and sometimes called the Judas swing.
• Distribution: the sustained move in the period's real direction, often in the London or New York session.

Draw a bullish AMD day as one daily candle and you get a familiar shape: it opens near the middle of the accumulation range, the manipulation leg forms a long lower wick below the open, and distribution carries it to a close near the high. That is why traders searching for an 'AMD candlestick' are looking at the same idea. The model's claim is that most strong daily candles, viewed intraday, trace this path: open, false move, real move.

It is the reason the model pays so much attention to the opening price. In a bullish day, it expects the manipulation low to sit below the open; in a bearish day, the manipulation high to sit above it.

The phase names borrow from the Wyckoff method, which described accumulation and distribution a century ago - with the shakeout or spring playing the role manipulation plays here. The difference is scale: Wyckoff described campaigns lasting weeks or months, while the power of three is usually applied to a single day or session.