AUDUSD: Hidden Institutional Supply Zone in Play 6H Technical Outlook 🧠📉
Hidden Institutional Supply Zone in Play – Potential Short Opportunity Developing
INSTITUTIONAL SUPPLY ZONE – 6H
🔴 Resistance (Distal): 0.64086
🟧 Resistance (Major): 0.63971
🟠 Resistance (Proximal): 0.63914
CHART CONTEXT
Price action (PA) has tapped directly into the defined Institutional Supply Zone , showing hesitation to close above 0.64086, the Distal Resistance Line —a red flag for bulls, green light for institutional bears.
SELL SETUP: HIGH-PROBABILITY IF 0.64086 HOLDS 🧨
Current PA is stalling beneath supply zone boundaries.
0.64086 is acting as the final line of defense; if unbroken on a closing basis, we maintain strong bearish bias.
Stacked SELL ORDERS from 0.63842 to 0.63347.
DOWNSIDE TARGETS (IF SHORT TRIGGERS) 🎯
TP 1 → 0.62405
TP 2 → 0.61613 (Mid Pivot)
TP 3 → 0.61030
TP 4 → 0.60129
UPSIDE INVALIDATION LEVEL 🛑
Stoploss above 0.64086 — strong close above this level invalidates short scenario.
SUMMARY 🔍
If 0.64086 holds firm and PA fails to close above this institutional supply zone, we anticipate high probability of a sell-off from current levels. This aligns with the broader downtrend structure and stacked sell-side liquidity
💡 Alert Setup:
SL: 0.64086
SELL LIMIT 1: 0.63842
SELL LIMIT 2: 0.63347
TP: 0.62405 → 0.60129
