I mean... I guess it's ok for range bounded trading. Buy at the bottom of the range and sell at the top (short) then swing the other way. But I guess more importantly, the bigger the range the bigger the Order Block is for when the price breaks out.
There are two Order Blocks that Smart Money will sweep.
Buy Side LIquidity - Where it could sweep it all the buying where they will sell and bring the price down.
Sell side liquidity - where it could seep it all the sells where they will buy to bring the price up.
UNtil we have a confirmed Break above SSL or BSL - it's going range bounded until then.