What are the three phlegm-reducing wonder points?

There is no such thing as three phlegm transforming wonder points, but generally Fenglong point and Yinlingquan can help to transform phlegm and dampness.
Fenglong point belongs to the Foot Yangming Stomach meridian, on the lateral side of the lower leg, 8 inches above the tip of the ankle, about 2 horizontal fingers from the anterior edge of the tibia, is an important point for resolving phlegm, and can treat coughing and phlegm, dizziness, headache, epilepsy, and pain in the lower limbs.
Yinlingquan belongs to the acupoint on the foot-taiyin spleen meridian, below the posterior aspect of the medial condyle of the tibia, and can treat abdominal distension and edema obstructed by spleen deficiency and phlegm-dampness (the spleen’s function is weak, resulting in phlegm and dampness that can’t be dispelled), which can dissolve phlegm, and it can also treat insomnia, and impotence and paralysis of the lower extremities (the lower extremities are limp, numb, and painful), and so on.
Acupuncture, moxibustion and bloodletting should not be done on your own. If you have any discomfort, you need to select the acupoints for acupuncture and moxibustion treatment under the guidance of a Chinese medicine practitioner’s diagnosis, and doing it on your own may cause serious consequences.