Price fell below the buy orders on the weekly so we can only assume we have sell orders at this level. However momentum is up, but trend is down. If we have sell orders at this level we should see price go further into the structure. If momentum is too strong price will breakout of the channel. My preference is price will fall further into the structure as long as the sell level holds here.
Excellent work as always Kate! I really like your use of older supply/demand levels to track the new exchanges! And too funny, I was just listening to Zack Hemsey's 'The Way' earlier while doing tai chi.