DXY – Bullish BAT Harmonic Pattern Formed

✅ Overview:
Pattern Identified: Bullish BAT

Current Trend: Bearish

Reversal Zone: Near 0.886 Fibonacci level (Potential PRZ – Potential Reversal Zone)

Bias: Short-term bearish ➝ Medium-term bullish

🧩 Pattern Structure:
X to A: Initial bullish leg

A to B: Retracement ~38.2%–50%

B to C: Extension to ~88.6%

C to D: Final bearish leg completing near 0.886 of XA
→ D point is the potential long entry zone

📈 Trade Plan – LONG Setup (Once PRZ is Hit)
Entry:

Buy near the 0.886 level of XA leg (watch for reversal candles or structure break)

Wait for confirmation on lower timeframes (1H or 4H)

Stop Loss:

Below the X-point or slightly below 0.886 zone

Targets:

TP1: 0.382 retracement of AD

TP2: 0.618 retracement of AD

TP3 (Optional): Break and retest of structure above B point

R:R Goal: At least 1:2

⚠️ Key Considerations:
Short-term DXY is still bearish; wait for reaction at PRZ

Ideal to pair with bullish divergence or support zone confluence

Watch for fundamental catalysts (CPI, NFP, Fed speakers) impacting USD strength