And lo n behold thats exactly what happened, shot back up, cleared all those stops sitting just above the handle before coming back down. Usually I will scalp the first drop and get out on the slightest whiff as usually if there's a big order stack being worked price will get pushed back to it until it has all been filled. Test/retest is the core of trading, gotta fill those orders ;D
One scenario the could come about on any of these levels is that those bids from before start flowing in again and we get a 100 odd pip range for a bit. Interested to see what the big plays turn out to be.