This pair may be nearing a bullish Gartley pattern completion in the area of 1.2200. The pattern looks fairly symmetrical so far and there is prior support in the past at the D point not seen on this chart which also happens to be a whole number. Stop should be placed below X with 1st profit target at the B point or whatever exit strategy the trader is comfortable with. This is a fairly small pattern however for a 4 hour time frame.