Here is an initial take on how to spot limit orders that are established in pre-market session. The patterns are both obvious and less than obvious.
Types of patterns:
- Limit order aka LO
- Mirror Level
- Premarket High / Premarket Low aka PMH/PML
- Chopped Candle aka CC
- Post Consolidation Extremes aka PCE
Examples
Limit Order
Mirror Level
Premarket High / Premarket Low
Chopped Candle
Post Consolidation Extremes
