Passage
Take away my disgrace that I dread, for your ordinances are good.
Take away my disgrace that I dread, for your ordinances are good.
Psalms 119:37 Turn my eyes away from looking at worthless things. Revive me in your ways.
Psalms 119:38 Fulfill your promise to your servant, that you may be feared.
Psalms 119:39 Take away my disgrace that I dread, for your ordinances are good.
Psalms 119:40 Behold, I long for your precepts! Revive me in your righteousness.
Psalms 119:41 Let your loving kindness also come to me, Yahweh, your salvation, according to your word.
The verse centers on "grace", "take", "away", "disgrace", "dread", "ordinances", and "good". It is saying that the verse draws attention to "grace" and "take", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 38's "Fulfill your promise to your servant that..." into verse 40's "Behold I long for your precepts Revive...", so "grace" and "take" belong inside that flow. In Psalms context, the local focus is worship, trust, the LORD's kingship, and covenant mercy.
A plain takeaway is to answer the verse's own emphasis on "grace" and "take" with trust shaped by these words, not by a vague optimism outside the passage.