It's not oversold yet. Bearish would be considered
There was no oversold for yesterday, so there might be bearish for today
There might be an up then down. Setting about 20-20 t/p & s/l would be enough.
It's not overbought (yet) for yesterday, but beware for the last day as there might be a turning down.
Yesterday was overbought and that will make bearish (at least) for today
Previously detected an oversold, so there might be an up movement for today
Overbought for yesterday, at leash bearish for today
EURUSD wasn't overbought yesterday, and currently slightly different but remain bullish at least for today.
There is an overbought at least for yesterday, and this day it will come up with bearish.