Sellers are controlling prices in pre-market, and the real direction won't be clear until five minutes before official open. Wait for that first meaningful move, then look for long trades within the first 20 minutes if the high gets captured in the opening range.
I never trade pre-market opening because you see the battle, but you don't know who will win it. We are stuck in a range. So from the data that we have seen here, the size of the bubble is controlled by sellers. So it means, and also the price is going down. So they are winning the battle, but we need to remember that we have these big boys here ready to protect the price. So at the moment, I don't feel confident to check any setup. We check closely. We should expect the first drive, not at market opening, but 5 minutes before. And people that trade will see it often. They are preparing the dealing range, testing on the market opening and then getting the real direction. So what I expect is that if we are going to get really long, this high needs to be taken before 20 minutes.
