We've had a break of the level above and price has shot down which must have meant that there were a lot of sellers waiting for the break of the level. The level has been left naked so I think that there will be a lot of orders waiting for the retest. Also the level has been away for a while now so it will be visible on the higher time frames. I believe that a lot of TPs will have been hit at the level it is at now and there will also be a lof of buyers coming into the market here. This should push price back up to my level where hopefully there is enough selling orders waiting for a nice bearish reaction to my level.