Stochastic indicator shows that we are in oversold zone , we have a combination of a bullish crab pattern and a butterfly pattern on bigger movement , price may go up in order to retest the 1.2532 level after it's breakout . For a buy at 1.24319 , TP at 1.25218 and SL at 1.23923 you get a RR ratio of 2.27 .