at the moment the eurusd looks as it is building bullish-momentum at h1-chart
-stoch is turning
-macd...looks ready to turn
-we hit the PChannel and price retraced (with tail)
-sma89 is working as support for now
-candlestick pattern looks like piersing pattern
there is a possibility that it can heading up around sma200 = halfway Pchannel before heading down again....
If we still have a bullish Piersing patten at the end of the candle then it looks slightly bullish for the coming hour(s)
-stoch is turning
-macd...looks ready to turn
-we hit the PChannel and price retraced (with tail)
-sma89 is working as support for now
-candlestick pattern looks like piersing pattern
there is a possibility that it can heading up around sma200 = halfway Pchannel before heading down again....
If we still have a bullish Piersing patten at the end of the candle then it looks slightly bullish for the coming hour(s)
You can manage risk, but you can't manage the return