Amazon (AMZN) is Entering a High-Probability Reversal Zone!
1. Market Structure & Price Action (1H Chart)
* Trend: AMZN is currently in a short-term bearish trend after rejecting from the $207 supply zone.
* CHoCH (Change of Character): The recent CHoCH around ~$198 confirms bearish control.
* Price Range: Current price is consolidating in the $191–193 zone