Midterm Bullish on Singtel

Midterm bullish on Singtel. Looks like an under and over on weekly. Reclaimed range low and it looks like it wants to tag range high.

Here are the bullish scenarios:
1) Tag and reclaim range high and move higher.
2) Tag range high, reject and range. (Most likely scenario)

There is a bearish scenario where price loses range low again and go lower. So far looks low probability.