AMZN Analysis

Price did not play out as analyzed last week, it consolidated at the same area. From here, I'm expecting 2 scenarios. First, if price breaks above the highs at 118.60 and 121.32 cleanly, I'm expecting price to continue higher following the bullish order flow. Second, if price breaks below 109.25, I'm expecting price to follow my original expectations of respecting the current bearish POI and taking out the sell-side liquidity built over the past few weeks.