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Technical analysis by GoldTraderKaan about Symbol BTC: Buy recommendation (2/22/2025)

https://sahmeto.com/message/3264276
GoldTraderKaan
GoldTraderKaan
Rank: 2483
2.2
Buy،Technical،GoldTraderKaan

🔥 Market Analysis – Gold (XAU/USD) 🔥📌 Price has now REJECTED the Daily Bullish OB (Order Block) 10 times! This shows strong respect for this zone and confirms that buyers are actively defending it. 💪📉 What do I expect next?I anticipate one more test of the OB before price attempts to push up towards our Daily OB once again. The repeated rejections indicate that this area is a strong demand zone, making a long position highly favorable. 🚀📈 Trade Setup:✅ Entry: 95,400 📍❌ Stop Loss: 91,000 (Below key structure) 🛑🎯 Take Profit: 103,000 (Just below the Daily OB) 🎯🔎 Confluence Factors:✔️ Multiple rejections of the bullish OB ✅✔️ Strong demand zone with aggressive buyers 🛡️✔️ Favorable risk-to-reward ratio 📊⚠️ As always, manage risk accordingly and follow your plan! Patience pays in trading. 🧠📈This is an analysis for BTC/USD, not for Gold (XAU/USD). Apologies for the typo!

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$96,644.75
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