A quick dip below the bottom of the range that snaps right back is a classic trap, and traders who chase it get hurt while patient ones get a clean entry.

• Price poked below the floor of the range and immediately recovered — textbook fake breakdown.
• The move exists to trigger stop-loss orders sitting under the lows, then reverse.
• The safer play is to skip the first test of the edge entirely and wait.
• Only a close back inside the range counts as proof; anything before that is just noise.
• Once price reclaims the range and turns, joining the new direction is fair game.

Outlook: Expect more probes at range edges, with the real direction only confirmed once a candle closes back inside.