XAUUSD – Sell Setup at Trendline Confluence (2H)Price is approaching a major confluence zone where two descending trendlines intersect.
This area is further strengthened by a small Supply/Demand zone (highlighted rectangle), making it a high-probability sell region.
🔹 Plan:
Watch for rejection / bearish confirmation near the marked box
Primary bias: Sell from resistance
🔹 Expected Scenarios:
🟢 Bullish alternative:
If price breaks and sustains above the confluence, continuation toward the upper resistance zone is possible.
🔴 Bearish main scenario:
Rejection from the box → pullback to minor support → continuation drop toward the green demand zones below, as shown by the arrows.
🔹 Key Notes:
Structure still corrective inside a larger range
Best entries on lower timeframe confirmation (5m / 15m)
Risk management is key around trendline tests
📌📌📌 Not financial advice. Trade with confirmation 📌📌📌
Rejection Signs to Look For (5m / 15m)
Enter only if at least 2–3 of these appear:
✅ Long upper wicks (failed highs)
✅ Bearish engulfing / strong impulsive red candle
✅ Multiple attempts to break high but no close above trendline
✅ Break of LTF higher low (structure shift)
✅ Volume spike on rejection (if you use volume)
📌 Key rule:
Wick is information, close is confirmation.
Short
