I've become rather fond of targeting either the overnight high (ONH) or overnight low (ONL) during early session trading.
If you're new to this idea, schedule some time to look back at the last few weeks of charts and take note of how many times they hit. For the ten sessions leading up to today's trading, nine sessions have hit either the ONH or ONL. Six of these occurring in the opening 30 minutes of the trading session. Seven within the opening hour.
So not only can we use the ONH/ONL as levels to trade off. But they also offer a price target for PB/CPB trade opportunity early in the session.
Of course, some happen too quickly to offer any opportunity. But otherwise, if the bias is clear and a valid setup is in place with sufficient room to the level, take the trade.
Let's start with a 30 minute chart to get some "bigger picture" context.
Dropping to the 1 minute trading timeframe:
Before you even consider looking for a trade entry, you need a target. You should have some sense of WHERE the market is going.
The ONH and ONL are two levels which I like to use as a price target in the opening 30-60 minutes of a session.
Have a look at recent sessions in your preferred markets. How many times has the market hit the ONH or ONL? How soon within the session?
Perhaps you'll also find they act as good initial price targets for early session trades.