dashed line is broken trend, red line is range where trend broke .. now reistance,, on first touch we always reject,, almost always.. until closing below 38 and hard closing on h4 or daily this set up is most likely bullish . ,, when looking on ltf we already wicked past resistance releasing syupply and liquidty and generally that means continuation up once we find support again
invalidation of range would be hard closing h4 and above below the 37k range validation would be multiple h4s closes above 40k.. theres no reason to rush and id say its peferable to set ur bids at 38k ladder to 37 or w.e ur style is