buying at the opening price of each month

I am sharing a ICT concept called the 'power of 3', namely accumulation, manipulation, distribution.

it is how a candle's open, low, high and close are represented.

the low of monthly candle aims to seek liquidity (an old low or an imbalance) where sell stop orders are resting. These orders are filled then distributed to higher prices where buy stops are resting. This is formation of the bullish candle.

can't time the bottom? just buy at the open then. DCA over the past 5 years yielded gains of 26% based on my backtested results of SPY.