Stochastic indicator shows that we are in oversold zone , we have a formation of bullish butterfly pattern , five count elliot impusive bearish waves showed up ; We might be at first leg of corrective wave . price will probably go up to at least 1.91077 . For a buy at 1.89916, TP at 1.91077 and SL at 1.89498 you get a RR ratio of 2.7